MoviePass, the cash-strapped movie-subscription plan, is eyeing a 1-for-250 reverse stock split, it said Tuesday. The move is aimed at keeping its shares from being delisted. Shares of Helios & Matheson Analytics, the MoviePass parent, closed Tuesday at 8.5 cents. Under the reverse split at current values, H&M shares would be worth $21.25. The company...
MoviePass, the cash-strapped movie-subscription plan, is eyeing a 1-for-250 reverse stock split, it said Tuesday. The move is aimed at keeping its shares from being delisted. Shares of Helios & Matheson Analytics, the MoviePass parent, closed Tuesday at 8.5 cents. Under the reverse split at current values, H&M shares would be worth $21.25. The company...
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