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Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Analysts attribute the surge in Newsmax’s stock to retail investors, drawing comparisons to the meme-stock phenomenon witnessed with companies like GameStop. The concept of meme ...
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.
Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a ...
By April 2nd, gravity reasserted itself with brutal efficiency as the stock plummeted, shedding nearly 80 percent of its peak ...
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap ...
A destination for political conservatives, the Boca Raton, Fla.-based news operation surges after its initial public offering ...