• The owner of MoviePass just touched a new low

    8 days ago - By Business Insider

    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 touched a record low of $0.17 apiece Wednesday morning. They are trading down more two cents, or more than 7%.
    Wednesday's selling has taken out the previous record low of $0.18, which was set in late June - shortly after HMNY proposed a reverse stock split in an effort to boost its share price above the Nasdaq's minimum requirement of $1. The failure to...
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