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MoviePass Parent Company Stock Reaches All-Time Low

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In early May, the unsurprising news arrived that MoviePass was swiftly running out of cash, which led many to believe that the party was almost over. That is to say, the service has been offering an unsustainable (by rational standards) “unlimited” plan (which it recently resurrected) that offers subscribers a movie-a-day in theaters for only $10 per month. And according to the Hollywood Reporter, the service’s parent company has been in stock free fall for weeks with Tuesday seeing a new low.

Added on the 23/05/2018 09:37:54 - Copyright : Wochit

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