Nexstar Shares Rock Despite Strong Q4 Results


Nexstar Media Group stock climbed into positive territory during the midday hours on Tuesday, after dipping into negative territory in an early investor response to the company’s just-released Q4 2017 earnings results.

However, that gain couldn’t hold, as NXST shares dipped 20 cents, to $73.55, at the Closing Bell. The loss came despite beating Wall Street estimates by reporting non-comparable net revenue of $653.7 million, compared to $309.9 million in Q4 2017. 

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