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Newsmax's IPO surge collapses as weak financials, legal risks, and overvaluation persist. Discover why analysts label NMAX ...
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded with extreme volatility today. Shares fell as much as 24% this morning before doing a complete 180. As of 1:50 p.m. ET, the stock ...
Before it cratered, the stock rallied a blistering 2,550% in the two days since it went public. Newsmax's low share float heightens volatility, which appeals to risk-seeking investors. Newsmax ...
Trading in Newsmax’s stock was briefly halted five times for volatility on Tuesday, including five-minute pauses that started at 2:19 p.m., 1:54 p.m., 10:06 a.m., 10:22 a.m. and 10:34 a.m ...
As of midday Monday, Newsmax stock was up by 532%, and shares were trading at a whopping $63.20 apiece. The spike has been so intense that trading was halted for volatility five times in the first ...
Newsmax was able to close out the stretch with solid double-digit gains. The stock had fallen roughly 49% the previous week due to meme-stock volatility and news that a U.S. district court ruled ...
The intense volatility itself drew further attention ... However, for the foreseeable future, navigating Newsmax stock requires a high tolerance for risk and careful consideration of the potential ...
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 ...
The stock traded at $135 ... "It's probably a perfect time for Newsmax to launch, simply because of all the volatility in the political arena currently," said Peter Andersen, founder of Andersen ...
Trading in Newsmax’s stock was briefly halted five times for volatility on Tuesday, including five-minute pauses that started at 2:17 p.m., 1:54 p.m., 10:06 a.m., 10:22 a.m. and 10:34 a.m ...