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Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, sending the stock soaring.
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Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debutLast 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 ...
Newsmax's valuation is falling rapidly in the face of surging bearish sentiment across the stock market. The stock had risen 11.6% across last week's trading, but today's sell-offs have now more than ...
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.
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 ...
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 ...
Newsmax sold 7.5 million shares in its IPO and the company quickly reached meme stock status. About 11 million shares changed hands on Tuesday. "There's not a lot of stock to trade in the market ...
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