Investor Mario Gabelli on AMC’s surge, which media stocks he owns

About This Source - CNBC Television

CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.

Recent from CNBC Television:

  • Eyewitness Nicholas Balboa describes Fla. building collapse
  • Vista Outdoor CEO: We can’t produce enough product
  • Miami-Dade county commissioner Sally Heyman on search and rescue efforts
  • CNBC Television published this video item, entitled “Investor Mario Gabelli on AMC’s surge, which media stocks he owns” – below is their description.

    Shares of movie theater chain AMC were surging again Wednesday morning. Retail investors have helped the company’s share price nearly double over the past week. With Wednesday morning’s pre-market move, AMC has an implied market cap of about $18 billion, which is roughly two-thirds of what ViacomCBS is worth. Legendary investor Mario Gabelli joined “Squawk Box” on Wednesday to discuss.

    CNBC Television YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: ViacomCBS

    ViacomCBS Inc. (NASDAQ: VIAC) is an American diversified multinational mass media conglomerate and formed through the merger of CBS Corporation and the second incarnation of Viacom on December 4, 2019, which were split from the first incarnation of Viacom in 2006.

    4 Recent Items: ViacomCBS

  • ViacomCBS, Roku jump as Comcast sinks on report CEO has looked at deals
  • Cramer’s lightning round: Time to buy ViacomCBS
  • Did ViacomCBS use a complex strategy to avoid taxes overseas
  • Final Trades: Facebook, ViacomCBS, Dropbox & more
  • Leave a Comment