Robinhood is suspending new purchases of Helios & Matheson, the parent company of MoviePass, after the stock's drastic 99.99% crash.
"In order to protect our customers from the risks associated with some low-priced stocks, we remove the buy option for stocks like HMNY that consistently trade under $0.10," the company said in an email to customers.
Follow HMNY's stock price in real-time here.
Helios & Matheson, the parent company of MoviePass', won't be getting any new investors on...
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