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2 Wall Street banks made millions selling the collapsing shares of MoviePass’ parent company, as their analysts kept ‘buy’ ratings on the cratering stock

Trending story found on www.businessinsider.com
2 Wall Street banks made millions selling the collapsing shares of MoviePass’ parent company, as their analysts kept ‘buy’ ratings on the cratering stock
As investors in MoviePass’ parent company — the Nasdaq-listed Helios and Matheson Analytics (HMNY) — have seen the value of their stakes nosedive 99.99% in recent months, two Wall Street banks have made millions in fees selling the stock.
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