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Newsmax stock surges

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The surge represents one of the largest IPO rallies in U.S. history since VA Linux’s debut on the Nasdaq in 1999, when its shares rose from an initial price of $30 to $239.25.
From The Business Journals
Shares of conservative news outlet Newsmax jumped over 18% before the bell on Tuesday, extending the stock's gains a day after its stunning debut on the New York Stock Exchange.
From U.S. News & World Report
Shares of the media company surged 570% by midday Monday to $67 a share.
From Wall Street Journal

Read more on News Digest

Newsmax stock plunges 70% after blistering post-IPO rally
Newsmax stock price crashed by more than 70% Wednesday after a wild post-IPO rally. Its low share float heightens the stock's volatility.
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.
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.
Conservative Cable News Channel Newsmax Surges a Day After Stunning Debut
By Zaheer Kachwala and Medha Singh (Reuters) -Shares of conservative news outlet Newsmax soared more than 60% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange.
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
Newsmax Meteoric Run Could Be Over as Stock Tumbles 24% After Hours
However, after the market closed, NMAX stock tumbled 24% and if the losses hold, or accelerate today, it means its meme stock turn could be over already. There was little reason for Newsmax’s ascent other than being caught up in the orbit of President Trump,
Newsmax Stock Skyrockets in Roaring Market Debut
Newsmax made a wild debut in the stock market. Shares of the media company surged 735% to $83.51 a share. Trading was halted multiple times during the session due to volatility. Newsmax, trading under the symbol NMAX,
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.
How to Invest in Newsmax (NMAX)
That eye-popping post-IPO spike has many investors wondering how they can buy the stock. This guide will show you how to invest in Newsmax stock and everything you need to know ab
Newsmax Announces Closing of $75 Million Initial Public Offering
Newsmax Inc. ("Newsmax" or the "Company") today announced the successful completion of its initial public offering under Regulation A+, raising the maximum allowed of $75 million through the sale of 7.
Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other Media Peers
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.
Meet the tiny investment bank behind Newsmax's rip-roaring stock debut
A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the firm won the deal.
Why Newsmax Stock Is Getting Crushed Today
Shares of the conservative media outlet Newsmax (NYSE: NMAX) 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 since going public on Monday,
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.
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 soars 723% on volatile first day of trading
Conservative-focused news network Newsmax ( NYSE: NMAX) opened for trading on its first day as a public stock at $14, above its $10 initial public offering price, and rose from there to a 66% gain before a volatility halt just before 11 a.m. ET.
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