AP Photo/Darron Cummings HMNY Hls & Mthsn Info 0.08 -0.01 (-13.10 %) Disclaimer Get real-time HMNY charts here " MoviePass owner Helios and Matheson Analytics was trading at around $14 Wednesday morning after a reverse stock split. If it trades at $1 or above for 10 straight trading days, with a market cap of $50 million, the stock will no longer be at risk of being delisted from the Nasdaq. But according to Erik Gordon, a clinical assistant professor at the University of Michigan's Ross School of Business, HMNY getting the stock above $1 was the easy part, what will be hard is finding new money.
Watch More videos From Entertainment (now) Channel
Trending Videos - 3 May, 2024
RELATED VIDEOS
