Shares of data firm Helios & Matheson Analytics Inc. , the company with a majority ownership stake in movie-theater subscription service MoviePass, were up more than 15% in premarket trade on Tuesday after closing up roughly 34% during the previous session. CNA Finance, a group of traders; educators and venture capitalists, wrote in a release that investors are clearly clamoring to get their hands on a piece of MoviePass. “There’s no denying the success of the plan surrounding MoviePass that was put in place by Helios & Matheson Analytics,” the team at CNA Finance wrote. “Moving forward, the CNA Finance team will continue to follow [Helios & Matheson stock] incredibly closely. In particular, we’re interested in following the ongoing growth of MoviePass, as we believe that HMNY may have created a goldmine when they reduced the price of the service.” Shares of Helios & Matheson have gained more than 539% in the year to date and more than 750% in the last three months. By comparison, the S&P 500 index is up nearly 14% in the year and the Dow Jones Industrial Average is up more than 15%.
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