It wasn't that long ago that the stock of Nexstar Broadcasting was coming perilously close to dipping below the $4 mark. Another 11 cent increase in trading Wednesday lifted the stock back up to $5.02 per share. It's still a far cry from the $10 plus it was recording a couple of years back, but it still appears to be a positive sign for company stockholders.
Nexstar owns KSNF in Joplin and KSFX in Springfield and is de facto owner of KODE in Joplin and KOLR in Springfield.
Wednesday was also a successful trading day for Saga Communications, owner of KOAM and KFJX in Joplin. The stock was at $9.47 per share, up 43 cents from the previous day.