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The 50% increase in early-trading on Tuesday pushed Newsmax, which trades under the NMAX symbol on the New York Stock Exchange, to $126.15 per share. That surge also pushed Newsmax’s valuation ...
A pricey valuation The post-IPO surge in Newsmax stock has driven up its valuation. The company recently had a market cap of almost $30 billion.
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion. Trump unveils $5 million 'gold card' while aboard ...
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, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
Newsmax (NMAX) stock dropped roughly 68% Wednesday afternoon, partially reversing a massive post-IPO surge that saw shares soar from $14 to $233. The stock's spiral sent Newsmax's market cap down ...
Learn More » Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. The limited number of shares sold, roughly 7.5 million, contributed to the surge.
Newsmax (NYSE: NMAX) stock is posting big gains in Monday's trading. The media company's share price was up 13.5% as of 12:40 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 0.2% at the ...
By midday trading, Newsmax was going for $61.52 per share — up 515.20%. Newsmax is trading under the NMAX symbol on the New York Stock Exchange.
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in its first two days of trading on the NYSE (New York ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. The limited number of shares sold, roughly 7.5 million, contributed to the surge. At that point, it ...
Newsmax's stock surge is reminiscent of the meme stock craze in 2020 and 2021, with investors piling into stocks to power eye-popping gains, despite concerns about the company's fundamental value ...