AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Moviepass stocks1/11/2024 ![]() In June, Farnsworth and Lowe settled with the FTC and reached a $400,000 settlement with the California district attorneys. That was just after MoviePass announced it was cutting its price to 10 per month. In the latest MoviePass news, parent company Helios and Matheson Analytics (OTCMKTS: HMNY) sold a large chunk of its new shares to cover expenses related to the troubled cinema business, playing. That's around when the company announced. ![]() At the time of MoviePass' bankruptcy filing, it said it was under pending investigations by the Federal Trade Commission, the Securities and Exchange Commission, four California district attorneys, and New York's attorney general. Its stock has fallen 99 to as low as 17 cents per share from nearly 39 last October. Helios and Matheson, which owns the popular movie subscription service MoviePass, was trading at an all-time high of nearly 39 per share last October. Helios and Matheson was delisted from the Nasdaq in 2019, and both MoviePass and Helios and Matheson filed for bankruptcy protection in 2020. MoviePass readies a Labor Day return Brian Heater Augat 11:11 AM 2 min read MoviePass’ planned return will officially just miss the summer holiday rush. While I like MoviePass and I like MoviePasss subscription growth, fundamentally I have hard time believing HMNY is a safe investment. You remember MoviePass, right The company raised Hollywood's hackles in. I am not (yet), but I do like to buy stocks of companies that Im passionate about. Learn More Coming soon to a theater near you, the co-founder of the fizzled MoviePass service is back with a new plan. During the Farnsworth and Lowe era, MoviePass blew through hundreds of millions of dollars, and Spikes - who said he'd raised concerns internally about the low price point - was fired in 2018. Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research MoviePass Is Coming, but AMC Shouldn't Be Worried By Rick Munarriz at 10:20AM Key. Are you or would you buy MoviePass stock (symbol: HMNY) Im curious as to whether anyone here is actually an HNMY shareholder. In less than a year, MoviePass garnered over 3 million subscribers and had become a cultural sensation.īut the price was financially unsustainable. ![]() Within two days, subscriptions went from about 20,000 to about 100,000. In April, co-founder Stacy Spikes spoke to TIME about his intentions to relaunch the popular moviegoing subscription service. Under the leadership of Helios and Matheson CEO Ted Farnsworth and new MoviePass CEO Mitch Lowe, the company launched a $10-a-month subscription price to see a movie a day. By Eliana Dockterman Aug9:19 AM EDT M oviePass is back. As of this writing, more than 349 million shares of the stock have changed hands. ![]() Account icon An icon in the shape of a person's head and shoulders. The MoviePass countdown has investors taking an interest in HMNY stock today. ![]()
0 Comments
Read More
Leave a Reply. |