Kodak In Talks To Buy TikTok’s U.S. Business

Growing increasingly desperate due to a falling stock price and broken business model, Kodak floated the idea of buying TikTok’s U.S. business. “Our KodakCoin didn’t work and it’s looking like our COVID-19 pump and dump isn’t going to work either,” an executive for Kodak stated.Q2 2020 hedge fund letters, conferences and moreKodak, known for selling camera film skyrocketed earlier this year on news of a $765 million loan. The stock price soared from under $2 dollars per share to over $60. Since then the stock has floated around $8 per share.Interestingly, a few days before the announcement tra…

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