If you recall the company was listed on the Dow Jones Industrial Average’s (DJIA) aka the Dow 30 & Blue Chip Stocks. Kodak was taken off November 1, 1999. The DJIA list the 30 largest U.S. public traded companies. This list has often changed components 48 times since 1896.
LAST WEEK: Eastman Kodak Co.’s shares declined in over-the-counter trading after the photography pioneer’s bankruptcy filing prompted the New York Stock Exchange to delist the securities.
They fell 45 percent to 31 cents at 1:37 p.m. New York time on volume of 49 million shares. The Rochester, New York-based company’s stock symbol changed today to “EKDKQ” from “EK.”
NYSE Regulation Inc. today said it would suspend trading of Kodak stock after determining the company is “no longer suitable for listing,” according to a statement.
See the entire story @ this link
Back on Feb 1997 the stock had traded at a high of $94.75, I wonder which pensions, mutual funds and others kept buying the stock over the years as it declined. Saying to them self and others it will go back up in price.
EXHIBIT 1.1: 20-Year Monthly Chart (EK)
Twitter: http://twitter.com/eduWallStreet
Facebook: http://www.facebook.com/pages/EduWallStreetcom/122993637767731?v=wall
Bank, Banking, Acquiring Institution, Happy New Year, Happy Holidays 2011, Syrians Protest Despite Assad’s Pledge, Toys R Us, Apple iPad, Online Poker Site, Banks, Bloomberg, Bonds, Brokers, CBOE, CBOT, CFTC, classes, CME, CME Group, Commission-free, Credit-default swaps subprime, CNBC, CNN MONEY Derivative, DOW JONES, E*TRADE, ETrade, E-Trade, etrade’s, E TRADE FINANCIAL, ETrade, Equities, European Markets, FDIC, Federal Reserve, Finance, Financial Markets Tutor, Forex, Forex brokers, FOX Business, Futures, Future brokers, Hedge Funds, high-frequency trading, housing-backed derivatives, How to invest in stocks, How to invest in the stock market, Investing, Investment Funds, IRA, Learn to day trade stocks, forex, futures, Learn to invest in the stock markets, Learn to invest in penny stocks, Learn to invest in ETFs ETF’s, Learn to trade stocks, Learn to trade options, Learn to trade Forex, Learn to trade Futures, Money Markets, NASDAQ, (Nasdaq: AMTD) , North American Markets, NYSE, NYSE Euronext, online equity trading , online trading and online investing services, online brokerage, Options, Option brokers, Platforms, Scottrade, Scottrade Center, Securities, SEC, Seminars, Stocks, Stock Brokers, Stock Market, Stock Market Classes, Stock Market Seminars, Stock Market Workshops, Stock Trader, Stock Traders, Stock Trading, TDA, TD AMERITRADE, Taxes, Trading, The Stock Market, The Wall Street Journal U.S. Treasury Department, Wall Street, workshops, Blog, Bloggers, BP, Facebook, Fitness, Food, Health, Massage, Movies, Naked Pizza, Nail, Spa, Sports, Twitter, Tweet, Weddings, Wedding, Weight Loss, USA, AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY, Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD) , Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhoda Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA), Washington (WA), Washington (DC), West Virginia (WV), Wisconsin (WI), Wyoming (WY) Brandon, FL Riverview, FL Tampa, FL Clearwater, FL St. Petersburg, FL Gainesville, FL Ocala, FL Leesburg, FL Eustis, FL Mt Dora, FL Apopka, FL Winter Garden, FL Ocoee, FL Lake Mary, FL Sanford, FL Deltona, FL Daytona Beach, FL Sarasota, FL Bradenton, FL Fort Myers, FL Cape Coral, FL Naples, FL Plant City, FL Lakeland, FL Orlando, FL Avon Park, FL Kissimmee, FL Cocoa, FL Fort Pierce, FL Port St Lucie, FL Jupiter, FL West Palm Beach, FL Okeechobee, FL Fort Lauderdale, FL Boca Raton, FL Delray Beach, FL Coral Springs, FL Hollywood, FL Miami, FL Miami Beach, FL South Beach, FL Coral Gables, FL Kendall, FL Biscayne, FL Homestead, FL New York, NY, NYC, Dallas, TX
$XLF $WFC $MS $MET $JPM $GS $C $BAC $AXP $SPY $DX_F $UUP $EURUSD $ZN_F $GC_F $GLD $CL_F $USO $ES_F $SPY $DIA $QQQ $XLF $AAPL $AMZN $GOOG $SBUX $PNRA $CMG #Economics, #WallStreet, #Stockmarket, #Finance, #Forex, #FX, #Futures, #Currency, #Currencies, #Business, #ETFs, Stocks, trading, Investing, #Candlesticks Banks $XLF $WFC $MS $MET $JPM $GS $C $BAC $AXP $SPY Market Products $DX_F $UUP, $EURUSD $6E_F $ES_F $SPY $GC_F $GLD $SI_F $SLV $CL_F $USO $ZN_F $ZT_F Major Indexes $ES_F $SPY $YM_F $DIA $NQ_F $QQQ Active Stocks $AAPL $AMZN $GOOG $SBUX $PNRA $CMG AM 1060 Am 1250 @whnz Am 1470 @NewsTalkFlorida Am 820 @NewsTalkFlorida AM 860 @WGUL AM 970 @970wfla Fm 88.5 @wmnf @wmnfnews Fm 89.7 @wusf@933flz @theBeatTampa@tampabaysmix@98rocktampabay @us1035 Television Tampa, FL Abc @abcactionnews Cbs @WTSP10News Nbc @wflatampa @TBOcom Fox @MyFoxTampaBay Cable channel @BN9 City @CityofTampa #Tampa #TampaBay College @USFNEWS, @UofTampa, @UTStudentVets, Other @cspanwj, @cspan, @cspanradio, @BookTV, @cspanhistory @democracynow Wall Street @BloombergNews @StockTwits @TFNN @tastytrade @StockTwits50 Veteran #Veteran #Veterans #Usmilitary #USAF #USMC #USARMY #USN @Deptvetaffairs @Veteranshealth
