Shares of Kodak surged as much as 1,900% in two days.<br />This is because Kodak was awarded a $765 million government loan to make drug ingredients in response to the pandemic.<br />Business Insider reports Kodak plans to launch a pharmaceuticals division that will make essential drug components currently in "chronic national shortage."<br />The deal is being touted as "one of the most important deals in the history of US pharmaceutical industries."<br />Kodak's stock price tripled on Tuesday, then rose as much as 570% on Wednesday.
