Nexstar A ‘Bear’, Despite October Swoon


Nexstar Broadcasting Group is officially a “bear,” one influential financial analysis organization has determined.

But, the TV station owner that’s merging with Media General may be more of a Teddy bear than a ferocious Wall Street beast.

That’s because Nexstar stock has slid by more than 9% over the last six trading sessions, and the bleeding continued in Monday’s trading.

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