Tuesday, June 13, 2006

Nexstar stock continues to fall

After closing in on $6 per share, Nexstar Broadcasting has been falling steadily over the past few weeks and has dropped below the $5 mark.
The price of Nexstar, which owns KSNF in Joplin and KSFX in Springfield, and manages KODE in Joplin and KOLR in Springfield, fell 43 cents Monday to $4.78 per share.

2 comments:

Anonymous said...

Oh my this just in Saga Comm. owner of KOAM and exto defacto owner of FOX 14 stock drops .24 cents per share in just 3 days, just thought all the broadcasting stock buyers on this site would want to know seeing how we only here about Nexstar.

Randy said...

True, but Saga's stock is selling for more than $10 a share, or double the going rate for Nexstar, and has been fairly consistent. A few years ago, Nexstar was selling for $10 a share and was pretty much on a downward trend after that until its recent upsurge.