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MoviePass Trading at 8 Cents After More Changes Announced

Helios & Matheson ( HMNY ), parent of MoviePass, was trading at 8 cents on Monday, up nearly 20 percent, as the company has announced another series of changes intended to lessen cash burn. The new plan reverses the previously announced changes including an increased monthly fee, surge pricing system, and limits on major new movie releases. [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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