KODK - In Fight To Survive Mode Kodak Is A Zombie Stock
Kodak (KODK) is a well-known story of failure to adapt to changes. The once-dominant photography company has gone through a restructuring process, following its 2012 bankruptcy proceedings. But after trying to find a path forward in the printing business and following hail-Mary attempts in cryptocurrency- and blockchain-related ventures, Kodak's seven-year long transformation efforts failed to yield anything close to satisfactory results.
Now, Kodak, whose equity is valued at a meager $105 million, is in fight-to-survive mode. With the company failing to produce any sustainable revenue growth, keep margins afloat or generate positive cash