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Despite huge sell-offs this week, Newsmax still has a market capitalization of roughly $2.94 billion. With the business posting sales of $171 million last year, the company is now valued at roughly 17 ...
A Delaware judge ruled Wednesday that the conservative news outlet Newsmax Media defamed Dominion Voting Systems through its ...
The following seven stocks all are riding different good news updates to recent gains right now. That doesn't guarantee that ...
Klarna Group, ticket platform StubHub holdings and crypto company, Circle are reportedly putting off plans for initial public offerings (IPOs) ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Newsmax CEO and the famously sober lawyer Rudy Giuliani ring in the bell at the NYSE on April 3, 2025. Moments later the Dow dropped 1,500 points, S&P 500 lost 4%, and the Nasdaq Composite slid 5%.
Many factors can cause a stock to surge following its IPO. However ... its stock will likely lose value. Profits have been elusive for Newsmax. Last year, the company hauled in $171 million ...
WASHINGTON, United States — Shares of the conservative cable news channel Newsmax have skyrocketed ... pushing the firm’s market value above $26 billion. The right-wing media company has ...
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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 open-market trading at $83.51 and its second at $233, after rising as high as $265.
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 ...
Conservative cable news channel Newsmax is getting a Trump bump on Wall Street. The Boca Raton, Florida, outlet's stock price surged after its initial public offering Monday. Shares offered at $10 ...
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