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Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the conservative news network rocketed over 700% the day it went public, rising from its ...
Newsmax's was briefly worth more than the New York Times on Tuesday after its share price jumped higher for a second straight ...
Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares via its IPO. Demand from investors has far exceeded the number of ...
Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap ...
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's market cap from $1.2 billion upon its market debut to $20.8 billion. The ...
That surge also pushed Newsmax’s valuation to ... on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was halted six times in the first three ...
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
The late-day surge led to the stock being halted from 3:46 p.m. to close, ending Monday on an intraday high of $82.25. Newsmax shares continued rising after close, jumping about 8% to $89 around 4 ...
Newsmax stock surged as much as 2,190% after its IPO debut, reaching $229 per share on Tuesday. The right-wing cable channel's market value exceeded $20 billion. The stock's rise may be due to the ...
Newsmax (NMAX) has made a dramatic debut on the stock market, with its stock soaring more than 120% on Tuesday morning. This ...
Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.
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