No legislation has been broken with the loan announcement in Kodak’s stock rockets in large quantities after the committee hired by the company


Shares of Eastman Kodak Company KODK,
-4.15%
A much heavier 51.9% rocketed in prepaid trading on Wednesday, after a special committee worked by a digital imaging and printing systems company to investigate how it disclosed a US government loan that broke no law Gone. Trading volume topped 16.9 million shares, making the stock the most actively traded open, and compared with a full-day average of 21.4 million shares. The committee found several government concerns in nearby Kodak about how the news of the $ 765 million government debt was announced, but nothing illegal. The Wall Street Journal reported. The stock rose 1,481% in the three days after news broke that it received a $ 765 million government loan to help make drugs in American factories, but the WSJ reported that the Securities and Exchange Commission launched an investigation as the stock News announced by Kodak to start rally. Kodak’s stock climbed 34.0% year to date, while the S&P 500 SPX,
+ 0.52%
An increase of 5.3%.

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