Shares of Eastman Kodak Company (PINK: EKDKQ) are marginally lower in today’s trading. At last check, the penny stock of Eastman Kodak was trading 0.15% lower at $0.340, with volume at 4.05 million. In the last three trading sessions Eastman Kodak shares have fallen 6.16%.
Eastman Kodak, which filed for bankruptcy last week, in a surprise move earlier this week replaced its chief restructuring officer.
The Rochester, New York-based company announced earlier this week that James Mesterharm of AlixPartners will be its new chief restructuring officer, replacing Dominic DiNapoil of FTI Consulting Inc. DiNapoli was appointed as Eastman Kodak’s chief restructuring officer only last week after the company had filed for bankruptcy.
Kodak said that there was no disagreement or difference of opinion with DiNapoli. However, the company did not provide any further explanation for the change.
About InvestorSoup
InvestorSoup.com is committed to provide intelligent commentary and solid analysis of small cap stocks, micro-cap stocks, hot penny stocks and helping investors make informed decisions. Our focus is primarily on the underserved OTC stocks market, or “penny stock” market, which has traditionally been shunned by Wall Street. There are many hot penny stock opportunities present in the OTC market everyday and we seek to exploit these hot stock gains for our members before the average daytrader is aware of them.
Disclaimer
DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.