Home Options Trading Advantage Options – Shares of Helios and Matheson Analytics Volatile after...

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Shares of Helios and Matheson (HMNY) were volatile in trading on Wednesday after short selling company Citron Research warned investors that the company’s stock was about to lose nearly half its value soon due to poor financial strength. The stock was up nearly 20% at the time of Citron’s statement, and promptly dropped about $5 in value afterwards. HMNY shares closed at 32.90 for the session, but are down -11% in after hours trading. Keep an eye on the stock for further volatility.

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