Eastman Kodak shares drop 21%
09/26 09:58 AM
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SAN FRANCISCO (MarketWatch) -- Eastman Kodak Co. (EK:$1.8400,$-0.5400,-22.69%) shares sat out the broader market advance in early trading Monday, shedding 21% to $1.88 on reports that the company borrowed $160 million against its credit line for "general corporate purposes." The Rochester, N.Y.-based camera maker has seen its stock get cut in half over the past year.
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