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KODK - Eastman Kodak Company: A Potential Turnaround Around The Corner
Eastman Kodak Company Common New
Eastman Kodak Company (KODK) is a former American success story that fell out of favor due to being unable to adapt to changing times. As a result, the company's revenues have significantly declined since its former glory days, and the stock even went through chapter 11 at some point. Yet, currently, I consider the market might be overly pessimistic on the shares. I concede that KODK's outlook remains uncertain, and sales are likely to keep declining for the foreseeable future. However, it seems to me that KODK might be close to its nadir.