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Why Is Everyone Talking About Eastman Kodak Stock?


The phrase "to rise like a phoenix out of the ashes" originates in Greek mythology, from the bird that regenerates from the ashes of its predecessor. In the face of operational failure, few companies have the magical ability to turn on their heels and pursue wholly new business models and strategies. But one potential "phoenix" that's been garnering a lot of investor attention is Eastman Kodak (NYSE: KODK).

It is still up for debate as to whether the camera and film processing business, which filed for bankruptcy in 2012, is enjoying a true revival of its own. So why is the company suddenly in the news again, and what should investors do, if anything?

Image source: Getty Images

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Source Fool.com

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