Thursday, June 14, 2007

Nexstar Broadcasting stock rebounds


Oh, the ever fluctuating stock market.
Nexstar Broadcasting, which had dropped nearly $2 per share in trading as of yesterday,rebounded Wednesday, ending trading up 48 cents per share to $13332.

It was only a few months ago that Nexstar, which owns KSNF in Joplin and KSFX in Springfield, and operates KODE in Joplin and KOLR in Springfield, both Mission Broadcasting stations, was down to less than four dollars per share. Since that time it has been nowhere but up for Nexstar until the last couple of weeks.

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