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Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
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The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of ...
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's market cap from $1.2 billion upon its market debut to $20.8 billion. The ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently ...
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the conservative news network rocketed over 700% the day it went public, rising from its ...
Newsmax stock skyrocketed on its first day of trading, and it managed to climb as high as $265 per share, thanks to gains in the next daily session. But the rally appears to have been largely powered ...
Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares ... of its roughly $21 billion value at Tuesday's close.
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
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