Reddit discussions surrounding Eastman Kodak Company (KODK) have been buzzing with speculation and concerns. One user on r/TheRaceTo10Million speculated about Kodak potentially re-entering the pharmaceutical manufacturing space, a move that was previously halted due to insider trading investigations. The user recalled how the stock had surged to $57 during the initial announcement, pondering if history might repeat itself. Meanwhile, another thread on r/Darkroom highlighted frustrations over Kodak's impending film price increases, with users noting a 5-8% hike. Some users expressed dissatisfaction with the rising costs, while others discussed the impact of Kodak's production changes on film availability and quality.
The discussions also touched on the broader implications of Kodak's business strategies. Some users speculated about the company's future direction, especially in light of its past controversies and current market position. The film price increase was a significant point of contention, with users debating the reasons behind it and its potential effects on consumer choices. The conversation reflected a mix of nostalgia for Kodak's legacy products and skepticism about its current business practices.
As of 10:41 AM on December 4, 2024, Eastman Kodak Company's stock is trading at $6.485, reflecting a decrease of approximately 2.92% from the previous close.