News Formal

CEO of MoviePass' parent company had $7.25 million in stock that's now worth less than $50

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The CEO of MoviePass' parent company had $7.25 million in stock that's now worth less than $50. via CNBCMakeIt

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MakeIt The sad reality of wrong decision and deception.

MakeIt And you think that start-up’s valuation is going to hold that level? Hahahahhahaha

MakeIt How do families even afford to go to movies anymore? My husband & I went to see “The Mule” last week, enjoyed the movie. Point being, we got Senior Discount. $15 for tickets, $20 for popcorn & drinks. How do young people on date or family of 4 afford?

MakeIt And here I thought my 401k was looking rough.

MakeIt This is why I follow CNBC. I don’t want to miss out on important news like this. Thanks.!

MakeIt

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Watch: Ivanka Trump, Walmart CEO McMillon and IBM CEO Rometty speak at Business Roundtable summitLockHerUp CrookedIvanka Why is she there?
Source: CNBC - 🏆 12. / 72 Read more »

After losing 99% of its value, MoviePass' parent company is getting ready to ask shareholders to support its CEO and approve his payHowever, Helios and Matheson — which bought MoviePass in mid-2017 — declined to try again to get investors to approve a reverse stock-split proposal. What for exactly! How is moviepass still alive...
Source: BusinessInsider - 🏆 729. / 51 Read more »