After two days of deep drops, stock prices for Nexstar Broadcasting and Saga Communications, which own all of the major commercial television stations in the Joplin market, bounced back Thursday.
Nexstar Broadcasting closed at $3.05, up 44 cents per share from Wednesday. Nexstar owns/operates KSNF and KODE.
Saga Communications, owner of KOAM and KFJX, was up 80 cents to $6.05 per share.
It bears pointing out that Nexstar is a company of only Television Stations. Saga is primarily a Radio company. The reason I point this out is after I looked into both, Nexstar has just Television, but Saga reports their Radio and Television seperate. When you check this out, Saga should be greatful for their TV stations who perform well above their Radio. My point, Nexstar stock values and Saga are not apples to apples.
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