Friday, January 06, 2012

Kodak in danger of shares being delisted from NYSE

Bye Bye Kodak. What once was the invincible Juggernaut is slowing sinking beneath and ocean of cheap bandwidth and the onslaught of Moore's law as cameras become ubiquitous and not even a commodity but just another feature to other devices.
January 3, 2012

Eastman Kodak Co. has been warned by the New York Stock Exchange that its stock will be delisted if the price remains below $1 per share for the next six months, the ailing photography company said Tuesday.

The exchange put the company on notice after its shares' average closing price was below $1 for 30 consecutive trading days.

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