Shares of the conservative network surged over 2,200% after its public debut, despite heavy losses, sparking comparisons to 2021’s retail trading mania and raising eyebrows across Wall Street.

Conservative news media company Newsmax (NYSE:NMAX ... The meteoric rise is reminiscent of the meme stock surge by GameStop (NYSE:GME) and AMC (NYSE:AMC) in 2021. As mentioned, the company ...

The meme-stock phenomenon was part of a wider increase in trading by retail investors - people not working for investment houses or other private firms. Newsmax was founded in 1998 as an online ...

Analysts attribute the surge in Newsmax’s stock to retail investors, drawing comparisons to the meme-stock phenomenon witnessed with companies like GameStop. The concept of meme ...

The meme-stock phenomenon was part of a wider increase in trading by retail investors - people not working for investment houses or other private firms. Newsmax was founded in 1998 as an online ...