Nexstar A ‘Bear’, Despite October Swoon

By on Oct, 17 2016 with Comments 0

Nexstar Broadcasting Group is officially a “bear,” one influential financial analysis organization has determined.

But, the TV station owner that’s merging with Media General may be more of a Teddy bear than a ferocious Wall Street beast.

That’s because Nexstar stock has slid by more than 9% over the last six trading sessions, and the bleeding continued in Monday’s trading.


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About The Author: Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. From 1996 to 2006 he served as an editor at Radio & Records.

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