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Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.
After rising roughly 14% in Monday's trading, Newsmax stock is continuing to move higher in today's session. The stock is seeing some significant recovery after big sell-offs last week, but the gains ...
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...
Newsmax (NMAX, Financials) saw its stock price skyrocket by more than 720% on its first day of public trading Monday, marking one of the most dramatic market debuts in recent years. The conservative ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.
Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on ...
Newsmax stock soared 1,236%, but overvaluation, net losses, and litigation risks make it a high-risk investment. Click here to read why NMAX is a Strong Sell.
The spike has made the company’s largest holders exceptionally rich — on paper. Founder Christopher Ruddy owns nearly ...
That surge also pushed Newsmax’s valuation to $11.2 billion — making the company worth more than the New York Times, which has a market cap of $8.1 billion. Shares of Newsmax started trading ...
The stock slumped as much as 50%, wiping out $15 billion in market value, after a 2,230% surge in Newsmax’s first two days as ...