News

Newsmax's stock price jumped another 50% higher on Tuesday morning, one day after the right-leaning media company saw its share price run from $10 to $83 during its Wall Street debut. The 50% increase ...
Ruddy retains more than 80% of voting power following the IPO due to the dual-class share structure. The post Newsmax Shares Surge 500% in IPO Debut appeared first on TheWrap.
Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares via its IPO. Demand from investors has far exceeded the number of ...
Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under the ticker symbol "NMAX". The Company raised $300 million between its recent pre-IPO and IPO raises. Newsmax Inc. is ...
Shares of Newsmax started trading for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was halted six times in the first three hours ...
That surge also pushed Newsmax’s valuation to $11.2 billion ... for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was ...
Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under the ticker symbol "NMAX". The Company raised $300 million between its recent pre-IPO and IPO raises. Newsmax Inc ...