On Tuesday, stock for Helios and Matheson Analytics dropped 12%, hitting a new low.
However, Wall Street has shown an increasing reluctance to back Helios and Matheson Analytics as it continues its MoviePass experiement.
On Friday, the company had dropped even further, trading at only 41 cents at the time of this writing.
MoviePass has amassed a large number of subscribers, over 2 million in fact, and is currently accepted at 4,000 theaters domestically.
→ Full news story
You must be logged in to post a comment.
Want to submit Film content?
Animefice covers the latest Anime news.
Gamefice covers the latest Game news.
Screenfice covers the latest Film & TV news.
The Artifice is a long-form writing platform that covers a wide spectrum of art forms.