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MoviePass Parent Helios and Matheson Analytics Loses NASDAQ Listing

Dana E. Neuts, Subscription Insider February 21, 2019
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Tags: Regulation & Compliance Industry & Product Announcements Business Operations & IT Financial Performance & Reporting Subscription Sales Consumer (B2C) App Subscription Auto-renew Subscription

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Stock has been trading at below $1 per share since July.

Helios and Matheson Analytics (HMNY), the parent company of movie subscription service MoviePass, has been booted off the NASDAQ, reports Business Insider. The company had fallen below NASDAQ’s standards of trading below $1 per share since July. Their value is so low right now, they are worth less than $0.01 per share as of 4 p.m. EST yesterday. That’s quite a fall from grace from a year ago when HMNY’s stock price was valued at $1,270.00 per share on February 26, 2018.

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