MoviePass Shares Skyrocket After CEO Reveals Interest in Blockchain TechnologyFlexslider, Merchants January 10, 2018 Comments Off on MoviePass Shares Skyrocket After CEO Reveals Interest in Blockchain Technology 20
Shares of MoviePass majority owner Helios & Matheson Analytics Inc. HMNY, +29.33% rose as much as 39% from Tuesday’s close during trading hours on Wednesday. Helios & Matheson Chief Executive Ted Fanrsworth said he and MoviePass Chief Executive Mitch Lowe have been exploring the possibilities of blockchain technology for more than a year, according to a report by Yahoo Finance. Farnsworth said they have been in discussions with lawyers about the possibility of an initial coin offering.
Source: MoviePass majority owner shares skyrocket after CEO shows interest in blockchain technology: report – MarketWatch