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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 (NMAX) stock dropped roughly 68% Wednesday afternoon, partially reversing a massive post-IPO surge that saw shares ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in ...
Newsmax's was briefly worth more than the New York Times on Tuesday after its share price jumped higher for a second straight ...
Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap ...
Newsmax’s remarkable surge helped push the profitless company ... Newsmax’s public offering could jumpstart a sluggish IPO market for the technology, media and telecom (TMT) sector.
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
The late-day surge led to the stock being halted from ... Text “Alerts” to (201) 335-0739 or sign up here. Newsmax’s market cap is not too far off from other media stocks such as The New ...
That surge also pushed ... which has a market cap of $8.1 billion. Shares of Newsmax started trading for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from ...
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