TOP Stock Winners: AMCX, SUP, HUMA
3:47 pm Monday, January 31st, 2022
AMC Networks (NASDAQ:AMCX) shares climbed more than 6%, Monday, after the company said it has reached a new, multi-year content distribution agreement with Comcast Cable (NASDAQ:CMCSA). The exact length of the deal wasn’t disclosed. AMC (AMCX) said the agreement includes continuing coverage of the networks linear TV channels, and “expanded availability” of its streaming services to Comcast’s Xfinity TV, broadband and XClass customers. AMC (AMCX) also said the deal includes the AMC+ premium streaming bundle that includes programs from AMC and other company networks.
Superior Industries International (SUP) as 10% owner, Mill Road Capital III, L.P. bought ~143,108 shares at $$3.80 – $4.05 on Jan.28 for a total transaction value of ~$560K. This brings the owner’s total share holding to 3,531,094.
Humacyte (HUMA) rose after reporting results from the first series of compassionate use cases of its investigational Human Acellular Vessel (HAV) to treat critical limb ischemia and vascular trauma. Ischemia is a condition in which the blood flow is restricted to a part of the body. The company said the HAVs were seen to remain patent and infection free in patients requiring vascular reconstruction, thereby highlighting the potential of the HAV to expand limb salvage options for patients who have exhausted current revascularization conduit options.
