Tuesday, April 15, 2008

Nexstar Broadcasting stock dropping

Nexstar Broadcasting stock dropped 21 cents in trading Monday, closing at $5.45 per share.
That followed a 39 cent drop on Friday, the same day Standard & Poor issued a CreditWatch on the company, out of concern over Nexstar's $681 million in debt.
Nexstar Broadcasting owns KSNF in Joplin and KSFX in Springfield and is de facto owner of KODE in Joplin and KOLR in Springfield.

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