Business
Kodak Gave Its CEO Stock Options, Then News Broke of a Million-Dollar Federal Deal and Prices Soared – Gizmodo Australia
The Eastman Kodak Company gave its CEO 1.75 million stock options just one day before the company’s stock soared amid news that it would receive a $US765 ($1,071) million federal loan to manufacture critical drug components, the New York Times reported Friday…
The Eastman Kodak Company gave its CEO 1.75 million stock options just one day before the companys stock soared amid news that it would receive a $US765 ($1,071) million federal loan to manufacture critical drug components, the New York Times reported Friday.
When news of the White House deal went live earlier this week, Kodaks shares ballooned by more than 1,000%, topping out at around $US60 ($84) (theyve since fallen to about $US21 ($29), still a hefty jump from their average $US2 ($3)-3 cost…
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