Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
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, ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Newsmax (NMAX) stock dropped roughly 68% Wednesday afternoon, partially reversing a massive post-IPO surge that saw shares ...
The Newsmax IPO was one for the record books ... the right-wing TV outlet had eclipsed the value of Fox News parent Fox Corp. (FOX) (FOXA). Fox shares similar ownership with News Corp, which ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX." ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a ...