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 ...
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 ...
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.
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 ...
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 ...
Newsmax stock surged as much as 2,190% after its IPO debut, reaching $229 per share on Tuesday. The right-wing cable channel's market value exceeded $20 billion. The stock's rise may be due to the ...
Newsmax (NMAX) stock dropped as much as 20% premarket Wednesday after a massive post-IPO surge saw shares soar from $10 to $233. Newsmax is a conservative cable news outlet and Fox News ...
In the third act of its dramatic debut as a public company, conservative media company Newsmax faced a harsh reality as its stock lost a sizable chunk of its early gains, though it remains valued ...