News

Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.
Newsmax reaches an impressive market capitalization of nearly $30 billion during its opening week on the New York Stock ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
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.
Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Newsmax’s Wild Market Ride Newsmax shares were listed on the NYSE following a $75 million Regulation A offering, bypassing a traditional IPO. This method lets smaller companies raise funds without ...
By 3:00 pm in Washington (1900 GMT) Tuesday, a day after its shares listed in New York, the share price was worth $206.89, giving it a market capitalization of $26.5 billion. Newsmax has ...
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's market cap from $1.2 billion upon its market debut to $20.8 billion. The ...
Newsmax’s stock market debut has stunned Wall Street, soaring over 2,000% since Monday, according to the BBC. Shares were ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...