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$NXST

6 stories mentioning NXST

Every FINWIRES story that references NXST, newest first.

Insider Trading

Nexstar Media Group Insider Sold Shares Worth $980,000, According to a Recent SEC Filing

Sean Compton, President, Networks, on May 19, 2026, sold 5,000 shares in Nexstar Media Group (NXST) for $980,000. Following the Form 4 filing with the SEC, Compton has control over a total of 11,252 common shares of the company, with 11,252 shares held directly.SEC Filing:https://www.sec.gov/Archives/edgar/data/1142417/000119312526230363/xslF345X05/ownership.xmlPrice: $190.54, Change: $-6.01, Percent Change: -3.06%

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Wire

CW Network, ESPN Team Up to Stream CW Sports Events

The CW Network and ESPN said Wednesday they are teaming up to make the ESPN App the exclusive streaming home for all CW Sports live events, including live coverage of college football and men's and women's basketball from the ACC.All CW Sports will broadcast live on The CW Network as well as stream live on the ESPN App for fans with an ESPN Unlimited subscription plan, according to the statement.The service is expected to be launched in summer 2026, it said. The CW is 81% owned by Nexstar Media Group (NXST).Price: $204.10, Change: $-0.10, Percent Change: -0.05%

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Sectors

Sector Update: Consumer Stocks Softer Late Afternoon

Consumer stocks were lower late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.1%.In sector news, US consumer sentiment hit the lowest on record this month, reflecting heightened worries about higher prices and the overall economic fallout from the Middle East conflict, University of Michigan's preliminary survey showed Friday. The main sentiment index plunged about 11% to 47.6 in April from March. That's the lowest print on record, BMO Capital Markets said in a note. Wall Street expected a 51.5 print, according to Bloomberg's poll.In corporate news, Nike (NKE) Chief Innovation Officer Tony Bignell is leaving the company after less than a year on the job, The Wall Street Journal reported. Bignell will be succeeded by Andy Caine, Nike vice president and creative director for sportswear, effective Sunday, the report said. Nike shares fell 3.4%.Nexstar Media's (NXST) $6.2 billion merger with Tegna is facing fresh hurdles after a federal judge extended the restraining order on the deal by one week to April 17 to review whether a longer preliminary injunction is needed, the Associated Press reported Friday. Nexstar shares were up 2.8%.Simply Good Foods (SMPL) shares fell 11% after Stephens downgraded the company's rating to equal-weight from overweight and cut its price target to $14 from $24.CarMax (KMX) shares rose 2.3% after it said late Thursday it plans to add William Cobb and James Kessler to its board following "constructive engagement" with activist investor Starboard Value.

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Sectors

Sector Update: Consumer

Consumer stocks were lower late Friday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) falling 1.4% and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) decreasing 0.1%.In corporate news, Nexstar Media's (NXST) $6.2 billion merger with Tegna is facing fresh hurdles after a federal judge extended the restraining order on the deal by one week to April 17 to review whether a longer preliminary injunction is needed, the Associated Press reported Friday. Nexstar shares were up 3.4%.

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Wire

Market Chatter: Nexstar Media's $6.2 Billion Tegna Merger Faces Restraining Order Extension

Nexstar Media's (NXST) $6.2 billion merger with Tegna is facing fresh hurdles after a federal judge extended the restraining order on the deal by one week to April 17 to review whether a a longer preliminary injunction is needed, Associated Press reported Friday.The merger was approved by the Federal Communications Commission but ran into antitrust lawsuits last month as eight state attorneys general and DirecTV sued to block the merger in a district court in California due to concerns about consumer prices and local journalism.Neither Nexstar Media nor Tegna immediately responded to' request for comment.Shares of Nexstar were up 3.4% in Friday trading.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $184.98, Change: $+6.16, Percent Change: +3.44%

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Research

Citigroup Upgrades Nexstar Media Group to Buy From Neutral, Adjusts Price Target to $220 From $252

Nexstar Media Group (NXST) has an average rating of overweight and mean price target of $271.43, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

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