Hsbc Holdings PLC lifted its position in Nexstar Media Group, Inc. (NASDAQ:NXST – Free Report) by 128.9% during the second quarter, according to its most recent Form 13F filing with the ...
Nexstar Media Group had a return on equity of 18.65% and a net margin of 8.68%. The company had revenue of $1.27 billion for the quarter, compared to analysts’ expectations of $1.28 billion.
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Clearly, options traders are pricing in a big move for Nexstar Media shares, but what is the fundamental picture for the company? Currently, Nexstar Media is a Zacks Rank #5 (Strong Sell ...