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Newsmax's meme-fueled IPO surge has collapsed, leaving the stock overvalued and fundamentally detached from its weak financials and persistent losses. Legal risks, especially the Dominion ...
Seeking Alpha contributor Undercovered Deep Insights wrote in their May 15 analysis, "Newsmax's meme-fueled IPO surge has collapsed, leaving the stock overvalued and fundamentally detached from ...
Newsmax stock dropped nearly 80% Wednesday after a massive post-IPO surge saw shares soar from $10 to $233.
After going public at $14 on March 31, NewsMax (NMAX) rallied to a high of$265 briefly in its post-IPO surge. Unfortunately, the party didn’t last long with the television broadcaster and multi ...
At its peak, Newsmax's market cap reached $29 billion, or nearly 170 times the $171 million in revenue it generated in 2024.
Newsmax ( NMAX -5.06%), the media stock that rocketed higher in early April just after it landed on the stock exchange and ...
How do you do an IPO when you go into a quiet period?” Elenowitz observed. Newsmax leveraged its media platform to advertise the offering directly to viewers through split-screen promotions.
Newsmax's Hulu deal boosts its reach to 60 million U.S. homes. Stock surged post-IPO but dipped 32% over the past month. Unlock your all-in-one trading dashboard with real-time alerts, rankings ...
Newsmax also broke records in Q1 2025, and for all of 2024, becoming No. 1 for all U.S. news networks (broadcast and cable) for per-follower social interaction rate on Facebook, X and Instagram.
One of the most significant threats facing Newsmax is legal. The company is being sued by Dominion Voting Systems, which alleges Newsmax made defamatory claims about vote rigging during the 2020 U ...
I want to sincerely thank everyone who participated in both our private raise and IPO - your support made this achievement possible." Ruddy continued, "Newsmax has grown into the fourth highest ...
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