Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on the public market for the first time. By Benjamin Mullin Newsmax, the ...
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded with extreme volatility today. Shares fell as much as 24% this morning before doing a complete 180. As of 1:50 p.m. ET, the stock ...
Ask investors who bought shares in Donald Trump's media company a year ago. Is Newsmax, the conservative news company that just went public, overvalued? Short answer: I don't give investment advice.
Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares soar from $14 to $233. The stock's spiral sent Newsmax's market cap ...
Cable news outlet Newsmax posted staggering gains since its IPO debut on Monday, drawing comparisons to Trump Media & Technology Group. Both companies have high valuations despite losing money.
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 ...
Newsmax stock plunged 77% to $52.71 on Wednesday. Before it cratered, the stock rallied a blistering 2,550% in the two days since it went public. Newsmax's low share float heightens volatility ...
And Newsmax’s TV shows are continuing to pump up the shares. “NEWSMAX STOCK HITS $233 A SHARE,” one of the on-screen banners declared after the market closed Tuesday.
Shares of conservative news outlet Newsmax NMAX.N soared more than 60% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange. The stock traded ...