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Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut - ‘This is like the initial market reaction to DJT on steroids,’ one investment expert said about the expl ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
Is Newsmax overvalued? I don't give investment advice, but I could give lots of reasons that investors should be wary.
Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly speculative NMAX stock.
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
After rising roughly 14% in Monday's trading, Newsmax stock is continuing to move higher in today's session. The stock is seeing some significant recovery after big sell-offs last week, but the gains ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Newsmax, founded as a digital brand in 1998 ... This is far removed from typical industry metrics, further reinforcing the "meme stock" characterization, where market sentiment and momentum ...
but the gains appear to be primarily driven by meme-stock momentum. Newsmax plummeted in last week's trading as investors sold the stock, apparently to take profits in reaction to news that ...