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The first-day trading performance of companies making their IPO debuts are rising at their quickest rate in over three and a ...
Newsmax ( NMAX -1.97%) stock saw another surge of selling action over the past week of trading trading. The company's share price ended the week's trading down 26% from the previous week's market ...
Newmax's IPO raised $75 million by selling 7.5 million shares at $10. However, most investors weren't able to purchase shares ...
Newsmax stock sank today amid wider sell-offs for "Trump trade" stocks. An intensifying schism between President Trump and ...
This significant valuation discrepancy has ignited investor doubt. One of the most critical risks facing Newsmax is legal. The company is currently facing a lawsuit from Dominion Voting Systems ...
Though its YOY revenue surge of 26.4% outpaces Fox’s 15.7% jump, Newsmax’s apparent top-line momentum masks its worrying profitability woes. In terms of valuation, though, Newsmax trades close ...
The S&P 500 was down 3.1% at the same point in the session. Newsmax's valuation is falling rapidly in the face of surging bearish sentiment across the stock market. The stock had risen 11.6% ...
most of the big moves for its valuation have been driven by emotion. In an update that it published last week, Newsmax said that the latest ratings tracking from Nielsen showed that its news ...
Newsmax's valuation also faced negative pressure from a court ruling that the company had published defamatory statements against Dominion Voting Systems. A Delaware Superior Court judge ruled ...
The right-wing network Newsmax defamed Dominion Voting Systems by falsely accusing the company of rigging the 2020 presidential election, a Delaware judge ruled Wednesday.But it’ll be up to a ...