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Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox ...
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's ...
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 ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
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.
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...