Kodak Goes Bankrupt

NYSE Regulation Inc. NYSE announced on Thursday that it determined that the common stock of Eastman Kodak Company Kodak should be suspended immediately.

Eastman Kodak Company made an announcement earlier Thursday that it and its U.S. subsidiaries have filed voluntary petitions for Chapter 11 business reorganization in the U.S Bankruptcy Court for the Southern District of New York.NYSE’s statement came after Kodak’s announcement, saying that NYSE Regulation has determined that “Eastman Kodak Company is no longer suitable for listing.”

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