WTAJ Parent Company Nexstar Rings Nasdaq Bell

Published 11/26 2013 06:09PM

Updated 11/26 2013 06:29PM

Ten years ago today, WTAJ's parent company, Nexstar Broadcasting, went public on NASDAQ. To mark the occasion Perry Sook , Chairman, President and C.E.O. and native of Dubois, rang the opening bell at the NASDAQ on Times Square in New York City, Tuesday morning. Nexstar Broadcasting Group Chairman, President and C.E.O Perry Sook rang the opening bell at Nasdaq Market site in New York Tuesday marking 10 years as a publicly traded company.

"Since we started the company in Wilkes-Barre -Scranton in 1996 with one tv station it's amazing to think we have grown to a group of 102 stations around the country. Going public 10 years ago this week on Nasdaq our equity value has grown by ten fold in those 10 years."

Sook believes that success comes from a focus on the communities it serves and the employees who go above and beyond..

"I think when we think of a company that are successful and today's milestones and stepping stones. It would not be possible without hard work of over 3000 employees and while Nexstar is the company name we are really a collection of local businesses serving local communities in 20 states around the United States."

And the market likes what it sees. Steven Brown is manager of Nasdaq's market intelligence desk.

"They've done well. Their stock is up 245 percent over last 10 years it reached all time high this past Friday it is the epitome of Nasdaq growth company so successful growing moving higher that is exactly what we like here on Nasdaq"

The success of the Nexstar Broadcasting Group was shown in a very big way on the Nasdaq tower on Times Square.

Copyright 2015 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Featured Coupon