Helios and Matheson higher amid Black Panther phenomenon [Seeking Alpha]
HELIOS&MATHESON ANALYTICS (HMNY)
US:NASDAQ Investor Relations:
en.wikipedia.org/wiki/helios
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Source: Seeking Alpha
Helios and Matheson higher amid Black Panther phenomenonHelios and Matheson Analytics (NASDAQ:HMNY) isup 3.65% to $5.11 on what's been a strong day for movie theater stocks.There's still a lot to unpack with the MoviePass business model as the company is seemingly on the financial hook after attendance rises like over the last two weekends. On the flip side, you have Canaccord Genuity issuing a price target of $15 and explaining in great detail how MoviePass' explosive growth will lead to huge leverage opportunities down the road (think Priceline.com).There's also quite of trading on HMNY based off the stock's volatility, and not its business model or fundamentals.Previously:Black Panther provides another lift to theater sector (Feb. 26)See all stocks on the move »Now read:New Relic - Let's Be Little Piggies »
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