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:
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.
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.
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