Shares of the conservative media outlet Newsmax ( NMAX -77.37%) had sunk by nearly 50% as of 1:25 p.m. ET today. There was no obvious reason behind the move but the stock has traded like a meme stock ...
Newsmax Inc. surged 1,800% in two days, reaching a $30 billion valuation, surpassing Fox Corporation. See why I rate NMAX a ...
The stock appears to be trading like a meme stock: Shares had roughly doubled today at 1:13 p.m. ET. Newsmax has the fourth-largest cable news audience in the country and averaged 211,000 ...
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 surges 500% on NYSE debut, fueled by right-wing media demand. Analysts question sustainability amid cable TV’s ...
Today wasn’t much different as the stock is up another 158% to $215.16 per share. That’s a better than 2,000% gain in just two days. Newsmax has become the newest meme stock enjoying the ...
Newsmax, the conservative media company, went public on Monday, with shares surging more than 700% in its first day on the New York Stock Exchange, giving it a market capitalization of more than ...