As MoviePass' parent company — the Nasdaq-listed Helios and Matheson Analytics — has seen the value of its shares nosedive 99.99% in recent months, two Wall Street banks have made millions in fees selling the stock. Since last August, when Helios bought MoviePass, a popular movie-theater subscription service, the company has covered massive losses by selling new shares to the public and diluting previous shareholders. To sell these new shares, Helios has primarily employed the services of...
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