AMC Networks (NASDAQ: AMCX) stock has fallen more than 20% in the last year, but the company's interim CEO isn't worried -- and patient investors shouldn't be, either. AMC Networks has done just that with its promising streaming platform AMC+, as well as several others. In the current state of the streaming market, content is the name of the game, and AMC has long been a major player when it comes to prestige TV.
Theme parks, streaming services, and multiplexes are hoping the next few months are lucrative, and Walt Disney (NYSE: DIS), Netflix (NASDAQ: NFLX), and AMC Entertainment Holdings (NYSE: AMC) feel that there is no time like the present. A popular series is back with a new season -- part of a new season, anyway -- on Netflix. AMC hopes that the reboot of a classic action franchise will kick off a promising summer season.
Netflix (NFLX) closed at $191.40 in the latest trading session, marking a +1.9% move from the prior day.