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AMCX has been in the news 400% more than usual

Sep 13, 2024, 8:31 PM
-8.06%
What does AMCX do
AMC Networks, headquartered in New York City, owns and manages cable television networks and global streaming services, employing 1,900 staff. The company operates through Domestic Operations and International segments, distributing content worldwide.
AMCX has been in the news recently: AMC Networks Inc. (NASDAQ:AMCX) shares have fluctuated from a peak of $18.01 to a low of $7.83, currently trading at $8.25, indicating possible undervaluation amid expected earnings growth. The company is positioned within a growing entertainment market, as global trends show significant increases in sectors like anime.
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