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Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks. Read more about NMAX stock here.
The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of ...
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox ...
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's ...
Newsmax stock skyrocketed on its first day of trading, and it managed to climb as high as $265 per share, thanks to gains in the next daily session. But the rally appears to have been largely powered ...
Newsmax, founded by Christopher Ruddy, saw its stock soar 2,200% after its IPO, reaching a $30 billion market value. The surge propelled it past Fox Corp and made Ruddy one of America's wealthiest ...
Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares ... of its roughly $21 billion value at Tuesday's close.