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Looks like Wall Street had a similar reaction to AMC Networks Inc.’s first day as a public company as critics did to the much-maligned season finale of AMC’s murder mystery “The Killing.”

AMC Networks — parent of cable channels AMC, WE, IFC and Sundance — closed its first day as a public company at $39.85 a share, down 8.3% from the $43.50 price that shares were issued at Friday morning.

Cable programmers are usually viewed as hot commodities by Wall Street. However, AMC Networks, which was spun off by New York-based cable operator Cablevision Systems Corp., has some red flags, according to Wall Street analysts.

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