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Tag: Helios & Matheson stock price

Robinhood shuts customers out of buying shares of MoviePass’ parent company after the stock crashed more than 99.99%

"In order to protect our customers from the risks associated with some low-priced stocks, we remove the buy option for stocks like HMNY that consistently trade under $0.10," the brokerage said in an email to customers.

The owner of MoviePass is crashing after announcing a new restriction on its service

Shares of MoviePass owner Helios & Matheson are down nearly 50% Wednesday. The selling comes after the company announced a new restriction on its service.

MoviePass’ owner closed below $1 less than a week after it did a 1-for-250 reverse stock split to avoid being kicked off the Nasdaq

MoviePass' owner, Helios and Matheson Analytics, closed below $1 on Monday, less than a week after the company underwent a reverse stock split to save its share price.

The owner of MoviePass is crashing after experiencing ‘technical’ difficulties over the weekend

MoviePass users experienced "technical" difficulties over the weekend, sending shares down 46%. The same problems occurred last Thursday, when MoviePass owner Helios & Matheson said it had to borrow $5 million to make certain payments.

MoviePass’ owner sinks to a new low as financial struggles linger

The company revealed earlier this month that it was burning $21.7 million a month, and it said it was down to just $15.5 million in cash. Shares crashed more than 30% on that revelation. Shares have since plunged further and are now below $1, hitting an all-time low of $0.56.

The owner of MoviePass spikes after its CEO says it won’t need cash for 17 months

MoviePass owner Helios & Matheson Analytics (HMNY) CEO Ted Farnsworth told Variety his company has enough cash for 17 months. Shares are up 4% ahead of Tuesday's opening bell.