News

2 Wall Street banks made millions selling the collapsing shares of MoviePass’ parent company, as their analysts kept ‘buy’ ratings on the cratering stock

As MoviePass’ parent company – the Nasdaq-listed Helios and Matheson Analytics – has seen the value of its shares nosedive 99.99% in recent months, two Wall Street banks have made millions in fees selling the stock. Since last August, when Helios bought MoviePass, a popular movie-theatre subscription service, the company […]
2 Wall Street banks made millions selling the collapsing shares of MoviePass’ parent company, as their analysts kept ‘buy’ ratings on the cratering stock
News

MoviePass has deep ties to an Indian company that’s been accused of defrauding creditors and got kicked off 2 stock exchanges

The long-term viability of MoviePass and its parent company, Helios and Matheson Analytics (HMNY), has been thrown into question as its monthly losses have risen to $US45 million. HMNY’s leadership has also made “confusing” statements about its financial situation. Another piece of the HMNY story that could concern investors: the […]
MoviePass has deep ties to an Indian company that’s been accused of defrauding creditors and got kicked off 2 stock exchanges