Kodak warns it might not continue in business. Here's why.
Kodak says it might not be able to meet its debt obligations, raising "substantial doubt" about its ability to continue business.
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Kodak says it might not be able to meet its debt obligations, raising "substantial doubt" about its ability to continue business.
Kodak is warning that its future in business is looking very blurry. The iconic 133-year-old business cautioned Monday that there's "substantial doubt" about its ability to continue as a going concern because it might not have the financial resources to meet its future debt obligations, according to an Aug. 11 regulatory filing.
Kodak's stock price slumped 31% in early trading on Monday after a government agency expressed "serious concerns."
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