Nexstar Suffers A 30-Day Stock Meltdown

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Many media companies have suffered tremendous declines in their stock value due to coronavirus concerns. This could be tied to a radio or TV broadcaster’s exposure to live events, sports or festivals.


With Wednesday’s Closing Bell on Wall Street, there was renewed carnage for some of broadcast media’s best-known and biggest companies.

The damage, however, for Nexstar Media Group on the Nasdaq Global Select exchange is particularly disturbing.

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