Eastman Kodak Company (NYSE: KODK) stock witnessed a relatively flat day of trading on Monday with a 0.66% downward movement and closing at $5.98 at the end of trading hours. However, in the extended trading hours, the stock price briefly peaked at $8.70.What Happened: On Aug 30, there were reports of a class-action lawsuit against the company for securities fraud. A day after the news broke, the company filed a Form 13G with the SEC disclosing that a prominent hedge fund company has purchased a stake in Kodak.According to the SEC filing on Aug 31, Delaware hedge fund D.E. Shaw …read more
Source:: Yahoo Finance
