Newsmax stock plummets nearly 80% after wild post-IPO rally pushed company value north of $20 billion
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's market cap from $1.2 billion upon its market debut to $20.8 billion. The stock's performance showed the Trump trade still has room to run in some cases, just as the president's tariff policies slam the market at large.
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Jim Cramer, the host of Mad Money, shared his concerns about President Donald Trump’s approach to trade and its implications ...
Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
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As of midday Monday, Newsmax stock was up by 532%, and shares were trading at a whopping $63.20 apiece. The spike has been so ...
Shares of conservative news outlet Newsmax skyrocketed in the company’s first day of trading on the New York Stock Exchange ...
Cable news channel Newsmax began trading on the New York Stock Exchange on Monday. The conservative TV news outlet has seen ...
The prompting for this column was the invitation to be present on the floor of the New York Stock Exchange on Thursday ...
Newsmax stock soared 1,236%, but overvaluation, net losses, and litigation risks make it a high-risk investment. Click here ...
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‘Exciting Day on the NYSE’: Newsmax CEO, Personalities Ring Opening Bell on Wall Street Ahead of Market WipeoutInvestors spooked by Trump's reciprocal tariff policy continued a selloff at the market open Thursday with the Dow plunging 1 ...
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