MoviePass Runs Low on Cash, Gets Rescue Loan to Restore Service

MoviePass Runs Low on Cash, Gets Rescue Loan to Restore Service

5 years ago
Anonymous $dicfOfy7s2

https://finance.yahoo.com/news/moviepass-parent-borrows-6-million-144956399.html

said on Twitter Thursday that it was "investigating an issue that is preventing users from checking-in to movies." It said in a later tweet that the issue "is not with our card processor partners."" data-reactid="25">MoviePass said on Twitter Thursday that it was "investigating an issue that is preventing users from checking-in to movies." It said in a later tweet that the issue "is not with our card processor partners."

Shares of Helios and Matheson Analytics plunged more than 50 percent in New York Friday morning. A representative for the company didn’t have immediate comment.