Drugs are the new bitcoin for stock hype – ZAWYA

SourceZawya
SectorFinancial Markets
CountryUnited Arab Emirates

Drugs are the new bitcoin for stock hype Eastman Kodak’s new initiative has more hope of developing    Traders wearing masks work, on the first day of in person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. =(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.)DALLAS - Eastman Kodak knows how to paint a pretty picture. The company’s stock price at one point had more than tripled on Tuesday after it received a $765 million loan from a U.S. government agency to help produce chemicals used to produce generic drugs. One on the list according to the Wall Street Journal is hydroxychloroquine, touted by U.S....read more...