In that case, Helios and Matheson stock, which shot up when MoviePass threw down the gauntlet, could fall just as fast if AMC picks it up. In the worst possible scenario, AMC might decide to ban MoviePass from all of its theaters entirely, torpedoing MoviePass' own 'value proposition' by making its product less useful to subscribers.

In the best possible scenario for MoviePass, AMC will realize the error of its ways and agree to new terms that MoviePass is reportedly seeking - a $3 reduction in prices for tickets bought with MoviePass, and a 20% cut of concessions sales for MoviePass. MoviePass, for its part, may be trying to show AMC what it's missing out on by isolating a set of 10 AMC theaters and showcasing how much less revenue they bring in without MoviePass than other AMC locations might bring in with it. Given that the average AMC theater charges $11.88 for a ticket to see just one movie, AMC worries that MoviePass is training viewers to think that AMC is charging too much - 'upsetting the value proposition,' in movie theater parlance.ĪMC would really rather see MoviePass fail, and be able to return to servicing fewer viewers perhaps - but at higher prices. Still, AMC has been a vocal critic of MoviePass and its debit card entitling viewers to see 'all you can eat' movies for $9.95 a month. The 1 analysts offering 12-month price forecasts for Helios and Matheson Analytics Inc have a median target of 1,250.00, with a high estimate of 1,250.00 and a low estimate. Neither Helios nor MoviePass issued any press releases explaining the reasons for their move against AMC.

Shares of the MoviePass parent are up 13.2% as of 1:30 p.m. 15, 2018 9 Comments Technology - Top 5 Gainers / Losers as of 2. The company's stock was delisted from the Nasdaq on February 12, 2019, and moved to over-the-counter markets. Investors are applauding the move and bidding up Helios and Matheson stock on the first trading day after the announcement. Proxy advisors back reverse split at Helios and Matheson Analytics SA News Mon, Oct. The plan calls for a stock dividend of a minority of the holding company's stock allowing Helios to retain a controlling interest and for listing the new company on the NASDAQ or alternative market. Another is that investors are responding positively to an 8-K filing that the MoviePass owner made with the SEC this morning.Īs detailed in that filing, Helios has agreed with owners of certain warrants (to buy stock) that it had previously issued to exchange those warrants for actual shares of Helios stock at a 1-to-0.85 ratio, converting 26.6 million warrants into 22.6 million shares - and sparing Helios' other shareholders 4 million shares worth of stock dilution in the process.Īs part of the agreement, the acquirers of the new shares have also agreed not to sell any of them before either July 23, 2018, or the date Helios shareholders approve a reverse stock split of their stock - whichever date comes first.AMC Disney Springs 24, Lake Buena Vista, Fla.ĪMC Loews Boston Common 19, Boston, Mass.ĪMC Loews Alderwood Mall 16, Lynwood, Wash. Why the sudden turnaround? Short covering is certainly one possible explanation.

After falling steadily for most of the week - a fall finally broken by yesterday's $0.02 hopscotch higher - shares of MoviePass owner Helios and Matheson Analytics (NASDAQ: HMNY) surged definitively higher on Friday, closing up 34.7% and completing a round trip back to the price it fetched precisely one week ago.

Helios and matheson stock symbol