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The 50% increase in early-trading on Tuesday pushed Newsmax, which trades under the NMAX symbol on the New York Stock Exchange, to $126.15 per share. That surge also pushed Newsmax's valuation to ...
Over the next three years, Newsmax will likely continue losing money because of its legal exposure and high operational ...
Shares of conservative news outlet Newsmax skyrocketed in the company’s first day of trading on the New York Stock Exchange Monday after a $75 million initial public offering.
Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on Monday. The US firm's shares, which were originally pr ...
Newsmax stock dropped nearly 80% Wednesday after a massive post-IPO surge saw shares soar from $10 to $233. Newsmax's (NMAX) stock skyrocketed an incredible 735% following its initial public ...
The spike has made the company’s largest holders exceptionally rich — on paper. Founder Christopher Ruddy owns nearly one-third of the company’s shares.
An curved arrow pointing right. Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion. Why did this happen?
Newsmax's gains came amid a 2.5% rally for the S&P 500 and a 2.7% jump for the Nasdaq Composite. In addition to the bullish backdrop shaping the broader market's trading, the stock saw gains driven by ...
BOCA RATON, FL / ACCESS Newswire / April 10, 2025 / Newsmax Inc. (NYSE ... conditions and the volatility of the price of Common Stock that may result from, among other things, comments by ...