Another New High For Nexstar


Nexstar Media Group shares soared to another new high on Thursday, one day following the release of a Reuters report that suggests buyout firm Apollo Global Management has expressed interest in acquiring the company.

Volume was nearly twice its average, as NXST inched closer to its 1-year target estimate.

At the Closing Bell, Nexstar was at $84, rising 3.7% from Wednesday.

It has a 1-year target estimate of $90.20.

Volume was 1.3 million shares; average volume is 675,776 shares.

For more on Nexstar, please click here.

Perry Sook

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