Tag: $AMC

AMC Networks’ stock up 2% after profit beat offsets revenue miss

AMC Networks Inc.’s stock rose 2% premarket Friday, after the network that’s home to “The Walking Dead” franchise beat profit estimates for the second quarter by a wide margin, offsetting a revenue miss.

Judge denies AMC settlement on stock conversion, shares surge

A judge on Friday blocked a proposed settlement on AMC Entertainment Holdings’ stock conversion plan that would allow the company issue more shares, sending its common shares soaring and preferred shares down in after-hours trading.