MoviePass parent Helios and Matheson shares rise 14% after company announces subscrip

[NewsFeeder]

MoviePass parent Helios and Matheson shares rise 14% after company announces subscription fee raise to $14.95

MARKET PULSE MoviePass parent Helios and Matheson (HMNY) announced it would be raising its monthly subscription fee to $14.95 from $9.95 in the next 30 days as part of a cost-reduction plan. The company said it would also limit the availability of first-run movies during the first two weeks of release on over 1,000 screens.

https://finance.yahoo.com/m/aad66e4...f8/moviepass-parent-helios-and.html?.tsrc=rss

 

[RealMoneyIssues]

And then it drops from $2 to $0.50 with hope in sight... after a RS

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