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Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.
The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of ...
Newsmax stock price crashed 77% on Wednesday after a wild post-IPO rally. Its low share float heightens the stock's volatility.
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 ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.
Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
In 2024, Newsmax generated revenue of $171 million, with $130.7 million of the total stemming from its broadcast operations. The company posted a net loss last year of roughly $72.2 million. If ...
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering 735% from its $10 ...
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 ...
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 ...
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox ...
The meme stock is now seeing some rebound momentum. Newsmax had its initial public offering (IPO) on March 31 and has been incredibly volatile across its relatively short history as a publicly ...