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Kodak Loan Disclosure and Stock Surge Under SEC Investigation - The Wall Street Journal

Kodak Loan Disclosure and Stock Surge Under SEC Investigation - The Wall Street Journal

Kodak Loan Disclosure and Stock Surge Under SEC Investigation - The Wall Street Journal
Aug 04, 2020 16 secs

The Securities and Exchange Commission is investigating the circumstances around Eastman Kodak Co.’s announcement of a $765 million government loan to make drugs at its U.S.

News of the loan last week caused Kodak’s shares to rise as high as $60, before falling to about $15 on Monday due to a dilution in the shares.

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