NasdaqGS:AMCXMedia
AMC (AMCX) Stock Jumps On Netflix Deal As Losses Persist
AMC Global Media stock ripped 15% higher to US$11.20 after earnings, yet the headline story is not a quick trading pop. The market is reacting to a rare combination for a mid‑cap media company. Management lifted full year revenue and free cash flow targets and tied that upgrade directly to a US$500m multi year licensing deal with Netflix for The Walking Dead universe.
Short term traders see a rebound. Longer term investors are weighing a low 0.2x P/S multiple against fresh visibility on cash...