VIDEO : MoviePass Parent Company Stock Hits New Low

Business Insider reports MoviePass parent company Helios & Matheson has hit a new low
Shares of Helios and Matheson (HMNY) reached a record low of $0.17 per share this week.
By Wednesday the stock dove beneath its previous record low of $0.18
That was set in late June, after HMNY proposed a reverse stock split.
The company must boost shares above Nasdaq's minimum requirement of $1.
The failure to reclaim that level could eventually lead to the stock's delisting.