In December 2021, Nexstar Media Group shares were priced just below $151 per share. As 2022 began, so did an upswing for the broadcast TV station owner’s stock value, rising to $212.75 on February 2.
Since that date, investors have lost 29% of their share value in NXST, based on Wednesday’s closing price. In fact, since the start of May, shares are off $22.53, putting them at their lowest prices in nearly 18 months.
