If she pulls back to $8 I'm in. Potential long target $17
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"Kodak jumps over 70% a day after jumping on the blockchain bandwagon"Note
Shares of Kodak spiked after the photo company announced it would launch its own form of blockchain technology dubbed "KodakCoin."Kodak's stock is up 66.91% at $11.40 in pre-market trading on Wednesday. Shares soared as much as 136% on Tuesday, the day the news was initially announced.
In partnership with WENN Digital, the new digital currency is intended to help photographers with image rights management.
Several companies from iced tea to poker to cannabis have pivoted to blockchain and watched their shares skyrocket.
The photo company's stock is up 117.46% this year
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BOOM! WHOS YA DADDYYYDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.