12/7/2020, 12:37 PM (Source: TeleTrader)
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Kodak stock jumps over 70% premarket

The stock of Eastman Kodak Co. jumped over 70% in premarket trading after a report that a probe found no wrongdoing regarding a government loan to the company.

The US International Development Finance Corp. said it "discovered no evidence that employees of the agency had any conflicts of interest in the plans, nor was there any evidence of misconduct on the part of DFC official."

Kodak shares were up by 70.92% to $12.90 at 6:36 am ET.

Breaking the News / TF