• The owner of MoviePass tumbles to a new low

    3 monthes ago - By Business Insider

    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 $0.12 a share on Monday, down more than 18%.
    Shares were trading at almost $2.50 apiece at the end of April, when the company said it had $15.5 million of cash on hand , but that a "$300 million equity line of credit" would keep it afloat through for 17 months.
    Over the past 11 months, the company has been issuing a bunch of new...
    Read more ...

     

  • The owner of MoviePass tumbles to a new low

    The owner of MoviePass tumbles to a new low

    3 monthes ago - By Business Insider

    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 $0.12 a share on Monday, down more than 18%.
    Shares were trading at almost $2.50 apiece at the end of April, when the company said it had $15.5 million of cash on hand , but that a "$300 million equity line of credit" would keep it afloat through for 17 months.
    Over the past 11 months, the company has been issuing a bunch of new...
    Read more ...

     

  • The owner of MoviePass tumbles to a new low

    The owner of MoviePass tumbles to a new low

    3 monthes ago - By Business Insider

    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 $0.12 a share on Monday, down more than 18%.
    Shares were trading at almost $2.50 apiece at the end of April, when the company said it had $15.5 million of cash on hand , but that a "$300 million equity line of credit" would keep it afloat through for 17 months.
    Over the past 11 months, the company has been issuing a bunch of new...
    Read more ...