Newsmax stock plunges 77% after blistering post-IPO rally
Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, ...
The Independent2d
Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut
Last year, Newsmax brought in $171 million in total ... AMC Entertainment (AMC), Avis (CAR), and others, when a stock reaches meme status and has a limited float, the stock can go higher ...
Newsmax IPO draws comparisons to GameStop meme stock mania, as NMAX price surges another 160% today
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
Why Newsmax Stock Is Getting Crushed Today
Shares of the conservative media outlet Newsmax ( NMAX -77.37%) had sunk by nearly 50% as of 1:25 p.m. ET today. There was no obvious reason behind the move but the stock has traded like a meme stock ...
Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other Media Peers
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Newsmax Stock Plummets After Wild Post-IPO Runup
Newsmax’s wild ride continues. Shares of the media company were recently off some 65% to $80, plummeting in their third ...
The Desk on MSN19h
Newsmax stock retreats to $43 after wild ride on Wall Street
Newsmax has settled into Wall Street at a more-reasonable $40 per share after achieving a wild high of more than $280 by ...
Newsmax stock loses steam and gives up gains from post-IPO excitement
Shares of conservative network Newsmax (NYSE:NMAX) ended Wednesday's trading session with a 77.5% decline, after rallying in triple-digit percentages since IPOing this week. NMAX stock closed up 735.1 ...