KODK Stock Jumps Over 5% Amid Business Services Sector Gains

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Eastman Kodak Company (KODK, Financial) saw its stock price surge by 5.02%, reaching $6.52 per share with a trading volume of 470,505 shares. The stock's turnover rate was 0.59%, and it experienced a price fluctuation of 4.91%. Recent financial reports indicate that Kodak achieved a revenue of $261 million, a net profit of $18 million, and earnings per share of $0.16. The company's gross profit was $45 million, with a price-to-earnings ratio of 9.26. Currently, there are no institutional ratings available for buy, hold, or sell recommendations on Kodak's stock.

Within the professional business services sector, where Kodak operates, the overall increase was 0.36%. Noteworthy performers in this sector included Brightview Holdings, Inc. and Target Hospitality Corp., alongside Kodak. Active stocks in terms of turnover were Smx (Security Matters) Public Limited Company with a turnover rate of 94.55%, Li Chen China at 7.70%, and Samfine Creation Holdings Group Limited at 1.30%. Stocks with significant price fluctuations included Smx (Security Matters) Plc C/Wts 07/03/2028 (To Pur Ord) with a 50.86% change, Samfine Creation Holdings Group Limited at 22.73%, and Powell Max Limited at 16.32%.

Eastman Kodak Company, headquartered in the United States, operates through various business segments, primarily focusing on printing, branding, and advanced materials and chemicals. The printing segment is the main revenue driver, offering products such as digital offset plate products, computer-to-plate imaging solutions, and premium digital printing solutions. Kodak's revenue streams originate from regions including the U.S., Canada, Europe, the Middle East, Africa, Asia-Pacific, and Latin America.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.