Motley Fool

Shares of Eastman Kodak (NYSE: KODK) surged 25.6% on Thursday, furthering the stock's rebound following its internal investigation of the events surrounding its loan award from the U.S. government. Kodak's stock price skyrocketed in late July after it was awarded a $765 million Defense Production Act loan, which was meant to help it launch a new pharmaceutical supply business. Eastman Kodak's shares rose sharply on Thursday.