Eastman Kodak Retains Yesterday's Gains (EK)

Shares of Eastman Kodak EK had a huge day yesterday, seemingly out of the blue. The stock was flying on massive volume, yet no one knew why. In this market that can only mean one thing - M&A rumors. Looking at the performance of EK shares on Friday, one can surmise that these market rumblings could be valid. EK is not having a good day, but it isn't falling much either. The stock is currently trading down 0.56% to $5.28. Whatever was priced in yesterday, is staying in the stock on Friday. I would not be the least bit surprised to see a suitor emerge for this company in the coming weeks.