Helios & Matheson Analytics Inc. said on Friday that it increased it’s stake in cinema-going subscription service MoviePass. Helios & Matheson said its total ownership of the outstanding shares of MoviePass’s common stock is now equal to 78% of the rapidly growing business. Shares of Helios & Matheson were down more than 7% after announcing the move, but shares are up more than 29% in the last 12 months. By comparison, the S&P 500 index is up 17% and the Dow Jones Industrial Average is up more than 22%.
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