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Newsmax (NYSE: NMAX) got hit with another day of steep sell-offs Thursday amid macroeconomic turbulence and an unfavorable court ruling. The company's share price ended the daily session down 26.8%.
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
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Newsmax stock surges after its IPOLoyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
Newsmax stock price crashed 77% on Wednesday after a wild post-IPO rally. Its low share float heightens the stock's ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
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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 ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On ...
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The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
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