Kodak Stock Meltdown Exposes the Folly of Robinhood ‘Investors’
- Kodak stock outright imploded on Monday.
- The drop comes as a massive government loan faces increased scrutiny.
- KODK shares are still elevated, but the sell-off might not be over.
Volatility has seen its Kodak moment in recent weeks. Eastman Kodak stock (NYSE: KODK), which surged from $2 per share to over $60 in late July, careened back toward $10 on Monday morning.
Down 30% on Monday alone, Kodak stock has taken shareholders on a bumpy ride. | Source: Yahoo Fina…