MoviePass Stock Plummets to Record Low

MoviePass, the Ozymandias of movie theater subscription services, is having a bit of a rough time. The service seems to continually change its rules and perks (and prices). And AMC recently announced AMC Stubs A-List, a service that gives MoviePass a run for its money. Now, the MoviePass stock has plummeted to an all-time low. Ruh-roh.

A few days ago, CNN reported that MoviePass stock had dropped to 19 cents. Ted Farnsworth, the CEO of MoviePass owner Helios and Matheson, seemed...

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