Eastman Kodak (#KODK) Stock Price, Live Chart & Analysis | Trade #KODK

Eastman Kodak Company provides hardware, software, consumables, and services worldwide in such markets as commercial print, packaging, manufacturing, publishing, and entertainment.

The company's roots go back to April 1880, when George Eastman began manufacturing dry plates. In January 1881, Eastman and a businessman Henry A. Strong founded the Eastman Dry Plate Company. In 1884, this partnership resulted in the Eastman Dry Plate and Film Company with 14 shareowners. The Eastman Company was formed in 1889 (renamed Eastman Kodak Company in 1892). Over a long period of the 20th century, Kodak dominated the photographic film market.

The company had to change its strategy in the late 1990s. Although it developed the first self-contained digital camera, the decline in sales of photographic film and the company's inability to move to digital photography quickly caused Kodak to struggle financially. Therefore, it shifted to digital photography and printing and attempted to raise revenue through aggressive patent litigation.

Unlike many listed companies, Kodak has gone through a bankruptcy filing. In January 2012, it asked for bankruptcy protection. Financial problems caused the company to stop making digital cameras, pocket video cameras, and digital picture frames. You still can find digital cameras under the Kodak brand, but they are sold by JK Imaging Ltd. In August 2012, Kodak decided to sell its photographic film, commercial scanners, and kiosk operations. The company had to sell many of its patents and exit several businesses to emerge from bankruptcy (September 2013). The COVID-19 pandemic caused the company to move to the production of pharmaceutical materials.

The bankruptcy caused Kodak to go public in 2013 to raise funds and stay afloat. Today, its shares are listed on the NYSE under the ticker KODK. You can trade its shares via a CFD at LiteFinance as the company’s stock price fluctuations don't seem attractive for investments.