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Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Newsmax (NMAX) stock dropped roughly 68% Wednesday afternoon, partially reversing a massive post-IPO surge that saw shares ...
The stock slumped as much as 50%, wiping out $15 billion in market value, after a 2,230% surge in Newsmax’s first two days as ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
The spike has made the company’s largest holders exceptionally rich — on paper. Founder Christopher Ruddy owns nearly ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on ...
Newsmax, founded by Christopher Ruddy, saw its stock soar 2,200% after its IPO, reaching a $30 billion market value. The ...
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
At the end of Wednesday's trading, Newsmax shares had fallen to $52.52, a drop of over $180 from Tuesday’s close of $233, ...
Newsmax isn't profitable and is burning through cash. The company trades at a sky-high valuation. A surge of new shares is coming. If you're like most investors, you want a piece of that price action.
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