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Newsmax ( NMAX -8.46%) stock posted big gains in this shortened week of trading. At the closing bell this past Thursday, the company's share price was up 11.6% from the previous week's market close.
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
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This is like the initial market reaction to DJT on steroids,’ one investment expert said about the explosive Newsmax rally ...
Newsmax stock dropped 24% early Wednesday after a blistering 2,550% post-IPO rally. The stock's volatility mirrors meme-stock trends driven by retail investor interest. Newsmax's low share float ...
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 than ...
The stock's rise may be due to the limited shares offered in the 'mini IPO.' Newsmax has cemented its status as a meme stock following its IPO debut on Monday. The stunning rally for shares of the ...
“Whether or not that persists, who knows, but it has all the hallmarks of a meme stock. There needs to be some sort of passion to enable investors overlooking fundamentals, and Newsmax fits that ...
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