Kodak would find it tough to stay on the NYSE. The company’s stock price is struggling.
It has been below USD 1 for the last couple of days. It trended above USD 1 on December 7.
Since, then it has failed to close the day above this level.
The company has now received a notification from the NYSE and they now have around six months to fix the mess.
Kodak is struggling in pretty much all their divisions. Their management guys are moving to other companies. It seems very likely that they are going to take some hard decisions in the coming months.