Walking dead network still has life

APPremium
AP
wsj 3 min read . Updated: 08 Aug 2022, 06:27 PM IST SPENCER JAKAB, The Wall Street Journal

Like investors who clicked on “the wrong Cisco" near the height of the tech bubble, stock-trading “apes" mistakenly piling into shares of AMC Networks during last year’s meme-stock frenzy instead of the similarly named AMC Entertainment Holdings got ridiculed online. But hanging on to dowdy restaurant-supply company Sysco turned out to be a very profitable error. AMC Networks could be, too.

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