MoviePass suffered a service outage late Thursday caused by it temporarily running out of cash. Its parent company – Helios & Matheson – said in May that it had enough cash to last over a year. The service was unavailable for many users late Thursday into early Friday. HMNY crashed […]
MoviePass shareholders authorised a 1-for-250 reverse stock split this week designed to get the company’s stock price above $US1. The move could help its parent company – Helios & Matheson – avoid being delisted by Nasdaq, if it can get its market cap above the $US50 million minimum. Shares crashed […]
HMNY, which owns 92% of MoviePass, doubled down on the company’s bet against traditional theatres on Monday. “Make no bones about it, it is a full blown war going on,” CEO Ted Farnsworth told shareholders at a special meeting. Investors approved two proposals at the meeting that could help the […]
Shares of MoviePass owner Helios & Matheson hit a record low on Monday. The company has issued a bunch of new shares in recent months, putting pressure on its stock. Watch HMNY trade in real time here. MoviePass owner Helios & Matheson tumbled to a fresh low of $US0.12 a […]
MoviePass parent Helios & Matheson hit a new low on Wednesday. The company has seen its total shares outstanding soar by3,429% since August. Watch Helios and Matheson trade in real time here. Shares of MoviePass owner Helios and Matheson (HMNY) touched a record low of $US0.17 apiece Wednesday morning. They […]
MoviePass owner Helios & Matheson hit a record low of $US0.19 a share Wednesday morning. The company proposed a reverse stock split a week ago in order to remain listed on the Nasdaq. Watch HMNY trade in real time here. MoviePass owner Helios & Matheson (HMNY) is falling further into […]
MoviePass owner Helios & Matheson plunged to a new low after proposing a reverse-stock split. The move could help the company maintain Nasdaq’s minimum $US1 share price and avoid delisting. “The failure of stockholders to approve this Proposal 3 could have serious adverse effects on the Company and its stockholders,” […]
MoviePass owner Helios and Matheson has been routinely hitting lows. It touched a record low of $US0.335 a share on Wednesday. Watch HMNY trade in real time here. MoviePass owner Helios & Matheson keep falling deeper and deeper into the abyss. Shares touched a record low of $US0.335 on Wednesday, […]
MoviePass owner Helios & Matheson hit an all-time low of $US0.37 a share on Tuesday. The company is fighting for its survival as it continues to burn through cash. Shares got a temporary boost last week after Citadel Securities announced a 5.4% stake Watch Helios & Matheson trade in real […]
MoviePass owner Helios & Matheson Analytics (HMNY) CEO Ted Farnsworth told Variety his company has enough cash for 17 months. The comments come after shares plunged last week after an 8-K showed the company was burning cash Shares of HMNY are up more than 4% ahead of Tuesday’s opening bell. […]
