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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.

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Source Fool.com

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