Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
This is like the initial market reaction to DJT on steroids,’ one investment expert said about the explosive Newsmax rally ...
Newsmax sold 7.5 million shares in its IPO and the company quickly reached meme stock status. About 11 million shares changed hands on Tuesday. "There's not a lot of stock to trade in the market ...
Last year, Newsmax brought in $171 million in total ... AMC Entertainment (AMC), Avis (CAR), and others, when a stock reaches meme status and has a limited float, the stock can go higher than ...
Last year, Newsmax brought in $171 million in total revenues ... times in GameStop (GME), AMC Entertainment (AMC), Avis (CAR), and others, when a stock reaches meme status and has a limited float, the ...
The stock's rise may be due to the limited shares offered in the 'mini IPO.' Newsmax has cemented its status as a meme stock following its IPO debut on Monday. The right-wing cable news channel ...