AMC Networks Shares Jump After Q4 Earnings Top Expectations - Update

Updated with stock trading info: AMC Networks shares soared about 13% this morning after the programmer reported Q4 earnings that topped Wall Street expectations. CEO Josh Sapan said in December that advertising in the year-end period looked lighter than he had anticipated. Some analysts followed by slashing their ad sales estimates, figuring that the number would be roughly flat with last year. But today’s report shows that domestic ad sales were up 3.1%, with price…