Friday, July 27, 2018

MoviePass Hit by Outage After Temporarily Running Out of Cash


Shares had been trading at well under a dollar in recent weeks, but with that split, shares of Helios opened at $14.23 on Wednesday, then declined steadily to close at $10.60 a share, then closed at $6.83 on Thursday. The issue lost half its value in mid-session trading on Friday, falling to $3.52. - Dave McNary, Variety [via/web:http://streaming-tv.us]

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