A mortgage from america authorities for the Eastman Kodak Firm, the well-known firm that led the images business for many years, to begin manufacturing pharmaceutical substances to battle Covid-19.
This information alone was sufficient to trigger the long-lasting American firm to skyrocket on the inventory alternate.
In simply two periods, between 27 and 29 July 2020, Kodak’s shares rose by 2,190%.
And that has made us marvel, what precisely has occurred to make the shares of this firm go from $2, to $60 solely to drop again to $8 {dollars} in just some days?
And whereas we’re on the topic: What occurred to make Kodak collapse within the first place? What occurred to make an organization that led the world market in images for greater than 100 years, lose greater than 98% of its worth, and even declare chapter in 2012?
Do you know that since then this firm has tried its luck with crypto-currencies or that it even constructed its personal nuclear reactor in secret?
On this video, we’re going to let you know all the main points in regards to the rise and fall of Kodak over current many years and its stunning take off in the course of the coronavirus disaster.
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