Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO success.
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in ...
Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, ...
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax’s first two days of trading after debuting on ...
The IPO rally became the largest in the history of the NYSE, propelling the media company's owner to multi-billionaire status ...
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 stock dropped as much as 20% premarket Wednesday after a massive post-IPO surge saw shares soar from $10 to $233.
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