Kodak stock price up 89% after announcing ICO

 The 130-year-old Eastman Kodak company announced an ICO yesterday because it’s 2018 and nothing matters. Since the announcement, the stock price is trading up 89 percent, currently at $11.90. The stock price has not been this high since March 2017. Kodak isn’t the first company to see explosive stock gains after announcing a cryptocurrency product. Others like Veltyco, LongFin… Read More

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Kodak announces ICO, stock jumps 44%

 Kodak is today announcing a partnership with Wenn Digital to create a “photo-centric cryptocurrency” that will “empower photographers and agencies to take greater control in image rights management.” Because why not. It’s 2018. The company’s stock jumped 44% on the news and is currently trading at $4.30, up 37.60 on the day. Here’s the… Read More

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