The popular movie-subscription service MoviePass in America, uh, may actually be nearing its doom. According to reports, and as of this writing, shares of the service are trading at just $0.80 having dropped nearly 60% since the weekend came and went.
The news comes after it was revealed that MoviePass had run out of money over the weekend, resulting, in a temporary fail for the service when it didn’t work over the weekend. On Friday, some customers had reported the fact that there cards weren’t working over the weekend.
In fact, The Daily News, went to go see. Mission Impossible: Fall Out over the weekend —. And had discovered by overhearing that MoviePass had gone offline.