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John discusses the latest stock price of Moviepass' parent company, Helios and Matheson Analytics Inc.
The financial woes of MoviePass have been well documented in recent months, and now as expected, the announcement of AMC’s movie subscription service as well as MoviePass’ announced plans to charge customers extra for high demand movies has pushed the stock value of their parent company to new all time lows. According to reports, the parent company’s stock has been declining since last October, when it traded at $38.86/share, now down to it's all time low of just $0.25 per share after taking an additional 15% drop.
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