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: ...
Newsmax Inc. shares skyrocketed 735% in their debut session after the conservative media outlet’s initial public offering, ...
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 ...
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a ...
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This is like the initial market reaction to DJT on steroids,’ one investment expert said about the explosive Newsmax rally ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
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