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MoviePass' Parent Company Kicked Off Nasdaq

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The parent company of movie-ticket subscription company MoviePass Helios and Matheson Analytics has been kicked off the Nasdaq. Business Insider reports the company disclosed the change in a filing with the Securities and Exchange Commission on Tuesday. It will now trade over the counter. Helios had failed to meet Nasdaq listing standards by trading under $1 per share since July. Helios wrote in the filing, "The suspension of trading in the Company's common stock on the Nasdaq Capital Market will be effective at the open of business on February 13, 2019."

Added on the 12/02/2019 18:02:58 - Copyright : Wochit

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