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by 456hdsaq234g 2928 days ago
Also important: MoviePass parent, Helios and Matheson’s. Stock was trading at $38.86 a share in October 2017. $0.44 today. Yeaaah moviepass is screwed (I am a subscriber who likes the product but understand it is completely unsustainable).
2 comments

For some additional context, HMNY was at $2.50 in September 2017.
understand it is completely unsustainable

I think everyone knows it's unsustainable. AMC even specifically called that out by announcing that their pricing was "a sustainable pricing model". Not that that was directed at any company in particular. cough