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Tegna Shares Fall Amid Trump's Opposition to FCC Ownership Cap Change
ByAinvest
Tuesday, Nov 25, 2025 8:27 pm ET1min read
Tegna (TGNA) shares fell 5.4% due to former President Donald Trump's opposition to altering the FCC's 39% ownership cap for local TV station owners. This affects its acquisition by Nexstar Media. Despite strong profitability metrics, declining margins are a concern. Tegna's valuation metrics suggest it is fairly valued, with a strong Altman Z-Score indicating financial stability.
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