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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: profitability. A company needs to make money to support its operations and ...
Investors are glued to Newsmax (NMAX) after shares of the conservative cable TV network rallied an extraordinary 1,00% since their New York Stock Exchange debut on Monday, March 31. The unusual ...
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 ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
and some market pros predicted that the stock would succumb to gravity soon enough. And investors have plenty of reason to ...
Newsmax, the conservative cable news network, made its public debut on the New York Stock Exchange on Monday, defying market trends with an explosive opening. Trading under the symbol “NMAX,” the ...
Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly speculative NMAX stock.
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering 735% from its $10 ...
And investors have plenty of reason to exercise caution. The cable news landscape ... And he likened his IPO plans to Trump’s media company stock. Given Newsmax’s small size, weak TV ratings ...