Scripps, Nexstar Bounce Back Into Holiday Weekend

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Broadcast TV companies enjoyed a mid-afternoon rebound on Wall Street Friday, with The E.W. Scripps Co. and Nexstar Media Group each enjoy upward momentum as investors eyed the Closing Bell and the Labor Day weekend.


As of 1:53pm Eastern, NXST shares were up 2.8%, to $61.88. However, volume was lower than average, reflecting the pre-holiday activity in the U.S. financial markets.

For SSP, shares were up 2.4%, to $18.30, also on lower-than-normal volume.

Other media companies making notable moves on Friday were Beasley Media Group, which gained 3%, to $10.25 as of 1:56pm Eastern.

For a live look at the activity of media stocks across each trading day and the closing prices of all media stocks after each Closing Bell, simply visit the homepage of RBR.com.

U.S. financial markets are closed Monday in observance of Labor Day.


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