Mid-Day Market Update: Nasdaq Surges Over 100 Points; Eastman Kodak Shares Spike Higher

published 29.07.2020 18:00

Equities Trading UP Eastman Kodak Company (NYSE: KODK) shares shot up 306% to $32.20 following comments by President Trump indicating the US has reached a 'historic' deal with the company to produce critical pharmaceuticals.

Eastman Kodak shares jumped over 200% on Tuesday after the company announced it is pivoting to drug ingredient development and announced a large government loan.

Tupperware Brands Corporation (NYSE: TUP) shares were also up, gaining 55% to $14.95 after the company reported better-than-expected Q2 results.

Equities Trading DOWN Boxlight Corporation (NASDAQ: BOXL) shares tumbled 24% to $2.1750 after the company reported a proposed public offering of 15 million shares of common stock at $2 per share.

Sunesis Pharmaceuticals, Inc. (NASDAQ: SNSS) was down, falling 28% to $0.2857 after the company reported pricing of $12 million offering at $0.23 per share.

by Lisa Levin from feeds.benzinga.com

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