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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