Why AMC Networks Stock Was Gaining Today
Shares of AMC Networks (NASDAQ: AMCX), the cable network operator, were climbing today on reports that the company was hiring advisors to potentially seek a sale.
As a result, the stock was up 4.6% as of 1:51 p.m. EDT after gaining as much as 12.9% earlier in the session.
A scene from The Walking Dead. Image source: AMC Networks.
Source Fool.com