Some very unusual activity is taking place in Eastman Kodak EK on Thursday. The shares have surged 14.88% to $5.48 on massive volume. More than 19.44 million shares have already changed hands compared to a daily average of 5.77 million.
There is no news out on Kodak (EK), making this activity even more interesting. It appears that rumors are circulating that the company is the target of a buyout. Keep an eye on this name, as news could be out in the next couple of days.
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