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 ...
Considerable on MSN1d
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 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 ...
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 ...
The Daily Beast4d
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 ...
Money Morning5d
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 ...
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 ...
Newsmax Shares Surge 150% After Volatile IPO—As Market Cap Doubles
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 ...