Hedge Fund Doesn’t Think Kodak Can Make it in Blockchain – BerTTon

Kerrisdale Capital

Last month, the Eastman Kodak Company (NYSE:KODK) made company history. Joining the blockchain industry, the Rochester, New York-based company revealed to the public its KODAKOne platform. This platform is entirely powered by blockchain technology. To no surprise, this announcement caused the stock to jump almost 100%.

While this was all very exciting, it seems now that not everyone was on board with the company’s decision to move into the blockchain sector. By everyone, I mean hedge fund Kerrisdale Capital and its CEO Sahm Adrangi. On Wednesday, a research report surfaced in which Kerrisdale Capital said they …

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