Verizon issues details on MoviePass stake

Accuracy score :
97%

Verizon issues details on MoviePass stake

Analysis:  Verizon just sold moviefone.com to MoviePass.com for 9% stake of MoviePass.com(HMNY). The Market Capital of HMNY is $109 million dollars, the stake is worth $10 million as of April 23 2018. Verizon might have other plans for MoviePass.com

Conclusion: Watch HMNY, no execution yet.

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