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The parent company of MoviePass just gave another indication that shareholders are balking at its plan to reverse split its stock

Helios and Matheson, which owns MoviePass, just hired a second company to solicit investor votes on its plan to boost its stock.
Alex Karp, chief executive officer of Palantir Technologies, could take his company public at a $41 billion valuation.

Mysterious big data company Palantir is reportedly looking at an IPO — and could see a valuation of $41 billion

Palantir is in talks with Credit Suisse and Morgan Stanley to go public as soon as the second half of 2019, according to a Wall Street Journal report.

Investors seem to be balking at MoviePass’ parents’ plans to reverse split its stock again — and for good reason

Helios and Matheson, the parent company of MoviePass, has postponed a shareholder vote on reverse splitting its stock for the second time in four months. Investors seem to be opposing the proposal — with good reason.
IBM CEO Ginni Rometty

IBM sinks on revenue miss

IBM reported Q3 2018 earnings on Tuesday.
Reed Hastings, CEO of Netflix

Netflix’s 3rd-quarter earnings blow through Wall Street’s expectations

The streaming-media giant topped analysts' earnings forecasts by 21 cents a share.
SendGrid, which went public in November 2017 with a market cap around $725 million, will soon join Twilio at valuation around $2 billion.

$7.2 billion Twilio is spending $2 billion to buy one of its publicly-traded partners

Twilio will acquire SendGrid in an all-stock deal set to close in the first half of 2019.
Sheryl Sandberg, chief operating officer of Facebook, may have lost bank this month, but it wasn't because of the recent hack.

Facebook just revealed that a huge hack affected 30 million people, and Wall Street doesn’t seem to care

Facebook's stock was down by just a fraction of a percent on Friday, despite what appears to be the largest security breach in the company's history.

Tech gets demolished: The 5 hottest tech stocks just lost $172 billion in market value

Shares of tech's Big Five — Facebook, Apple, Amazon, Netflix, and Google — took a big hit on Wednesday amid a broader selloff.