Kodak shares tumble
Kodak shareholders are dumping their investment – on word it may file for bankruptcy in the next few weeks.
At 1:45pm Thursday, shares had fallen to 45 cents.
Kodak’s shares had already dropped 92% over the past year.
Kodak announced in July it was exploring the sale of more than 1,100 patents tied to digital imaging.
Analysts said the deal could generate as much as $3 billion.
But the New York Stock Exchange says Kodak stock will be delisted if the price stays below a-dollar for the next six months.