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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.
Could the Newsmax rally be like GameStop’s? Newsmax’s rapid surge, mainly driven by retail investors, has been compared to the meme stock GameStop’s considerable rally during the pandemic.
Shares of Newsmax (NYSE: NMAX) are plunging on Thursday. The media company's stock lost 9% as of 3:50 p.m. ET. The steep ...
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 ...
Newsmax not only runs a cable network with several television channels, but also creates original content on its flagship website, Newsmax.com, and through various podcasts, radio, and other digital ...
Shares of Newsmax Media(NYSE: NMAX) are plunging on Friday. The media company's stock lost 18% as of 3:45 p.m. ET and was down as much as 23.6% earlier in the day. The steep decline comes as the S ...
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, trading under the symbol NMAX, said Friday that it completed a $75 million initial public offering by selling 7.5 million shares of Class B common stock at $10 apiece.