Kodak stock price up 89% after announcing ICO
https://techcrunch.com/2018/01/10/kodak-stock-price-up-89-after-announcing-ico/
The 130 year old Eastman Kodak company announced an ICO yesterday because it’s 2018 and nothing matters. Since the announcement, the stock price is trading up 89%, currently at $11.90. The stock price has not been this high since March 2017.
Kodak isn’t the first company to see explosive stock gains after announcing a cryptocurrency product. Others like Veltyco, LongFin and even Long Island Iced Tea Corp all saw triple digit gains thanks to a cryptocurrency move.