Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
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: ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
Newsmax (NMAX) stock dropped roughly 68% Wednesday afternoon, partially reversing a massive post-IPO surge that saw shares ...
Newsmax Inc. shares more than tripled in their debut trading session after a $75 million initial public offering brought the ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
As such, Newsmax’s valuation remains far loftier than the ... to fetch high relative share prices shortly after their IPO as investors bet a company can grow into its valuation.
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox ...
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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, ...
Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares ... of its roughly $21 billion value at Tuesday's close.
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
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