Nexstar Media Group shares are poised to finish 2025 on a high note, with eight months of steady upward momentum super-charged by its announcement that it seeks to acquire TEGNA in a game-changing deal awaiting FCC regulatory approval — and a necessary local ownership rule thaw.
A review by RBR+TVBR of “NXST,” which trades on the Nasdaq GlobalSelect exchange, shows the nation’s largest owner of broadcast TV stations (as well as WGN Radio, NewsNation and the controlling interest holder in The CW Network) enjoying a remarkable $58.71 improvement in values since May 1.
That’s when Nexstar shares bottomed out at $144.68, retreating from a mid-March push into the mid-$180 range. Then came a growth spurt, sending Nexstar stock past $211 per share in early August 2025.
By November 14, however, sellers were taking advantage of the growth, bringing NXST back into the mid-$180 range seen in March. Then came December, and a healthy 6.2% growth streak dating to December 1.
Then, NXST was priced at $188.41. As 11am Eastern neared on December 30, Nexstar shares were at $203.79, and rising.
At the closing bell, Nexstar shares finished at $205.14, up $2.72 on the day.
