AMC Networks Stock Punished After Shaky Q4 Earnings Report; CEO Kristin Dolan Downplays M&A Scenarios, Says Plan Is To “Stick To Our Knitting” As “Marketplace Sorts Itself Out” – Update

Shares in AMC Networks dropped sharply Friday following a shaky fourth-quarter earnings report and a conference call with Wall Street analysts.

February 9, 2024 · 1 min · 67 words · Nathan Walsh

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On the top line, were really waiting out whats going on in the industry.

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Dolan cited McDermott & Co.s presentations this week at TCA Winter Press Tour.

I think its just going to settle.

AMC Networks

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Were sort of sticking to our knitting.

Discovery, saying it showed new possibilities for legacy companies in the streaming era.