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7/29/2020, 3:47 PM (Source: TeleTrader)
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Kodak trading halted after shares jump 169%

Trading of Eastman Kodak Co.'s stocks was temporarily halted after shares of the company jumped over 169%.

The surge comes after the announcement of the deal struck between the camera company and the United States government which will see Kodak start making pharmaceutical ingredients.

US President Donald Trump called the agreement a "breakthrough" in bringing pharmaceutical manufacturing back to the country.

Breaking the News / MD