Newsmax Meme Stock Phenomenon

MAGA favorite Newsmax is the hottest new meme stock

Newsmax soars in meme-stock frenzy, making founder Christopher Ruddy a multibillionaire

Shares of the conservative network surged over 2,200% after its public debut, despite heavy losses, sparking comparisons to 2021’s retail trading mania and raising eyebrows across Wall Street.

The Daily Beast · 3d

Newsmax Becomes Latest Meme Stock as It Opens on Wall Street

It took less than a day for Newsmax to become an apparent meme stock. The conservative media company made its debut on the New York Stock Exchange on Monday, and within hours of its initial public ...

Markets Insider on MSN · 2d

MAGA favorite Newsmax is the hottest new meme stock after a 2,190% post-IPO surge

Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.

Newsmax shares dive

EL PAÍS English · 12h

Newsmax, the Trump-friendly TV station that soared over 2,000% after IPO

The company later saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It has now caught the attention of bearish investors, who are betting against its future performance

BBC on MSN · 1d

Trump-endorsed news channel sees shares surge 2,200%

Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on Monday. The US firm's shares, which were originally priced at $10 (£7.75) each,

MarketWatch · 1d

Newsmax shares dive after two-day surge

Newsmax shares are down 23% as gravity takes hold following the new IPO's 2,230% surge in its first two days of trading. Tesla shares are down more than 1% as traders await the EV-maker's first-quarter delivery data.

Considerable on MSN8h

Newsmax IPO sees stock price skyrocket

Analysts attribute the surge in Newsmax’s stock to retail investors, drawing comparisons to the meme-stock phenomenon witnessed with companies like GameStop. The concept of meme ...

Newsmax stock takes off – Soars 2,500% since Monday debut

Newsmax stock started trading on Monday morning at $10 per share after completing its initial public offering, where it ...

Money Morning4d

Newsmax IPO Soars 600%: Material Gain or Meme Magic?

For the record, NewsMax did receive mentions on Wallstreetbets this morning. GameStop’s first month of trading as a Meme Stock saw shares jump more than 4,000%. The stock has never reclaimed ...

10hon MSN

Newsmax Stock Bounces in Thursday Trading

Newsmax (NMAX) shares bounced Thursday, turning positive after first extending their retreat from post-IPO highs. The ...

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