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Benzinga
Benzinga
Business
StoryTrading

Will KODK Directors Resume Massive Inside Purchases after Q1 Report Amid New EV Battery Initiative?

Kodak (NYSE:KODK) recently garnered investor attention after an insider bought millions of shares on the open market after they quietly disclosed in a 10-K filing that the company is entering several new spaces including EV battery coating.

The large insider buys resulted in KODK significantly outperforming the Nasdaq and at one point the stock was up 60% YTD. Infact, KODK bucked the trend all year and held most of it’s YTD gains until just a few days ago as investors sold ahead of the Q1 earnings report which came out yesterday. 

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