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Newsmax (NYSE: NMAX) stock has been on a roller-coaster ride since its initial public offering (IPO) on April 1. After ...
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Why Shares of Newsmax Are Rising TodayManagement attributed the reasoning for the SEPA to excitement around the IPO, and said they ... new opportunities and challenges efficiently as we continue to grow Newsmax as the media landscape ...
With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.
Still, the TMT IPO market, even after factoring in Newsmax’s soaring debut on the ... in annual sales this year to $103 billion. Another challenge to this point has been the uncertain nature ...
As of 1:50 p.m. ET, the stock traded about 23% higher. Newsmax raised $75 million in a more limited IPO on Monday. The company went public under a Securities and Exchange Commission exemption that ...
plummeting in their third session as a publicly traded company. Newsmax (NMAX) went public Monday—its IPO price was $10, and it opened at $14—to kick off a dramatic upward run. The stock ...
The Newsmax IPO was one for the record books. 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, after rising as high as $265.
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