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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 ...
Newsmax reaches an impressive market capitalization of nearly $30 billion during its opening week on the New York Stock ...
Klarna Group, ticket platform StubHub holdings and crypto company, Circle are reportedly putting off plans for initial public offerings (IPOs) ...
Now, the question becomes whether Newsmax’s public offering could jumpstart a sluggish IPO market for the technology ... most likely explore going public post-Newsmax, both Horan and Ives ...
Newsmax isn't profitable and is burning through cash. The company trades at a sky-high valuation. A surge of new shares is coming. If you're like most investors, you want a piece of that price action.
Nonetheless, the company’s CEO, Christopher Ruddy — a former New York Post journalist and longtime ... overlooking fundamentals, and Newsmax fits that bill.” The company itself fueled the excitement ...
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded with extreme volatility today ... Newsmax raised $75 million in a more limited IPO on Monday. The company went public under a ...
Newsmax stock price crashed 77% on Wednesday after a wild post-IPO rally. Its low share float heightens the stock's ...
plummeting in their third session as a publicly traded company. Newsmax (NMAX) went public Monday—its IPO price was $10, and it opened at $14—to kick off a dramatic upward run. The stock ...
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.
Shares of conservative network Newsmax (NYSE:NMAX) ended Wednesday's trading session with a 77.5% decline, after rallying in triple-digit percentages since IPOing this week. With today's decline ...
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