Nexstar Media Group slips as Wells Fargo downgrades on worries over free cash flow

Nov. 09, 2022 7:42 AM ETNexstar Media Group, Inc. (NXST)By: Chris Ciaccia, SA News Editor

2011 Summer TCA Tour - Day 9

Frederick M. Brown/Getty Images Entertainment

Nexstar Media Group (NASDAQ:NXST) share slipped on Wednesday after Wells Fargo downgraded the media company, noting concerns about free cash flow in 2023 as continued cord cutting and higher interest payments may weigh down

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