Nexstar: The Shining Star Of Wall Street



On Sept. 11, investors weren’t so sure about the growth trajectory of Nexstar Media Group. It was nine months since the company closed on its $4.6 billion acquisition of Media General, a deal struck in September 2015.

It was also a period where scrutiny over Sinclair Broadcast Group‘s planned merger with Tribune Media increased in volume — and five weeks before Tribune stockholders overwhelmingly approved the merger.

Nexstar shares sat at $57.80. Today, they are at a record high.

Please Login to view this premium content. (Not a member? Join Today!)