Bankruptcy Or Buyout For Kodak?

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On Friday, trading in shares of Eastman Kodak (NYSE: EK) was halted.

The stock plunged over 50% late Friday afternoon (falling below $1 per share) after speculation rose that the company would be forced to declare bankruptcy.

After the market closed, the company denied the bankruptcy rumor, stating that it had no intention to file. On Monday morning, the stock jumped back up to over $1.60.

Yet, a bankruptcy for Eastman Kodak may not be too far out of the realm of possibility

Full story: Bankruptcy Or Buyout For Kodak? – Seeking Alpha.