Kodak Stock Dives 30% After $765 Million Loan is Put on Hold

The following appears on cnn.com

By Jordan Valinsky, – New York (CNN Business) Kodak stock plunged 30% Monday after a $765 million loan from the US government to help make drug ingredients was put on hold, as regulators are reportedly looking into allegations of insider trading.

The stock was temporarily halted after plunging as much as 43% earlier in the day.


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SOURCE CNN Business

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