The prompting for this column was the invitation to be present on the floor of the New York Stock Exchange on Thursday ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
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 ...
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: ...
Newsmax made history in the two sessions following its IPO. Day 3 has been a different story. Newsmax's second-day performance was one of the strongest ever for a newly minted stock ...
Data from FactSet show the second-day performance of Newsmax, when it surged 179%, was one of the strongest ever for a new listing. The stock, though, had suffered an intraday decline of almost 76% ...
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 ...
There's a new Trump trade on Wall Street, and it's as volatile as the president's agenda.
US stocks tumbled as Wall Street braced for President Trump's announcement of new tariffs that stand to remake the global ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the ...