The collapse of Kodak (as well as how it went up 2,190% because of Covid-19) – VisualPolitik EN

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A loan from the U.S. of A. government for the Eastman Kodak Company, the famous company that led the photography industry for decades, to start manufacturing pharmaceutical ingredients to fight Covid-19.

This news alone was enough to cause the iconic Worldwide company to skyrocket on the stock exchange.
In just two sessions, between 27 as well as 29 July 2020, Kodak’s shares rose by 2,190%.

as well as that has made us wonder, what exactly has happened to make the shares of this company go from $2, to $60 only to drop back to $8 dollars in just a few days?

as well as while we’re on the subject: What happened to make Kodak collapse in the first place? What happened to make a company that led the world market in photography for more than 100 years, lose more than 98% of its value, as well as even declare bankruptcy in 2012?

Did you know that since then this company has tried its luck with crypto-currencies or that it even built its own nuclear reactor in secret?

In this video, we are going to tell you all the details about the rise as well as fall of Kodak over recent decades as well as its surprising take off in the middle of the coronavirus crisis.

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