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Newsmax, IPO

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Business Insider |
Why did this happen and can the company keep up the valuation?
Yahoo |
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
NBC New York |
At one point, the rally gave the company a market capitalization of nearly $30 billion — surpassing the market cap of legacy media companies like Warner Bros. Discovery and Fox Corp.

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Newsmax's multibillion-dollar stock surge
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
Newsmax Stock Surge Continues on Day 2 After IPO, Up Another 50%
Newsmax's stock price jumped another 50% higher on Tuesday morning, one day after the right-leaning media company saw its share price run from $10 to $83 during its Wall Street debut. The 50% increase in early-trading on Tuesday pushed Newsmax,
Newsmax stock takes dip from over 2,000% post-IPO rally
The IPO rally became the largest in the history of the NYSE, propelling the media company's owner to multi-billionaire status.
Will Newsmax's multibillion-dollar stock surge last?
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
Newsmax Inc. trading resumes
Inc. trading resumesDon't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street
Newsmax shares surge more than 2,000% in days after IPO
Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value
Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax’s first two days of trading after debuting on the New York Stock Exchange.
Newsmax stock surges after its IPO
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
Newsmax shares keep rising in premarket trade
Newsmax, the cable news network which saw a huge pop in its debut day on the New York Stock Exchange, continued to advance in premarket trades on Tuesday. Newsmax shares jumped 24% to $103.95, having surged to $83.
Newsmax stock plummets nearly 70% after wild post-IPO rally pushed company value north of $20 billion
Newsmax (NMAX) stock dropped roughly 68% Wednesday afternoon, partially reversing a massive post-IPO surge that saw shares soar from $14 to $233. The stock's spiral sent Newsmax's market cap down to $6.
Newsmax More Valuable Than Fox After Shares Surge 180%
Shares of Newsmax skyrocketed again on Tuesday, as trading in the conservative news outlet’s stock was halted again for volatility multiple times throughout the day, more than doubling the company’s market cap to above $22 billion after a massive debut yesterday.
Newsmax Shares Surge More Than 700% in Volatile Market Debut
Newsmax (NMAX, Financials) saw its stock price skyrocket by more than 720% on its first day of public trading Monday, marking one of the most dramatic market debuts in recent years. The conservative news network's stock started at $14,
Newsmax Stock Skyrockets Over 500% Following IPO—Causing Multiple Trading Halts
Newsmax debuted on the New York Stock Exchange on Monday and surged over 500% in the first few hours of trading, leading to nearly a dozen trading halts following its initial public offering, as its market cap surged to more than $5.5 billion.
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