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 made history in the two sessions following its IPO. Day 3 has been a different story.
Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, ...
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 ...
MAGA favorite Newsmax is the hottest new meme stock after a 2,190% post-IPO surge
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Warning: 3 Reasons to Be Cautious About Newsmax Stock After Its Epic Post-IPO Surge
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Newsmax Explodes 735% in IPO Debut as Trump Era Fuels Investor Frenzy
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
Donald Trump-Aligned Cable TV Network Newsmax Skyrockets In IPO; Shares Up More Than 700%
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
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Newsmax IPO Soars 600%: Material Gain or Meme Magic?
In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On ...
Newsmax CEO Chris Ruddy on IPO: "There Was A Demand For More Competition Against FOX"
Newsmax Media CEO Chris Ruddy joins "Squawk Box' to discuss the company's public debut on Wall Street today, state of digital ...