Bloomberg News

NYSE May Delist Eastman Kodak After Its Shares Sink Below $1

January 03, 2012

Jan. 3 (Bloomberg) -- Eastman Kodak Co., the unprofitable imaging company that tumbled 88 percent last year, was notified by the New York Stock Exchange that it may be delisted because the shares are too low.

The Rochester, New York-based company made the announcement today in statement. Eastman Kodak has closed below $1 every day since Dec. 8. It will have six months to meet NYSE’s listing standards, the company said.

To contact the editor responsible for this story: Nick Baker at nbaker7@bloomberg.net


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