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Newsmax, meme stock

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Markets Insider |
Despite the strong interest in Newsmax shares, the company has been in the red.
Yahoo |
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
NBC New York |
At one point, the rally gave the company a market capitalization of nearly $30 billion — surpassing the market cap of legacy media companies like Warner Bros. Discovery and Fox Corp.

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MAGA favorite Newsmax is the hottest new meme stock after a 2,190% post-IPO surge
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 follows Trump Media in sparking meme stock frenzy
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than many of its media peers, including Trump Media and even Fox Corp. Retail investors have rushed into Newsmax on tailwinds of President Donald Trump's return to the White House.
Why Newsmax Stock Is Getting Crushed Today
Shares of the conservative media outlet Newsmax ( NMAX -77.37%) had sunk by nearly 50% as of 1:25 p.m. ET today. There was no obvious reason behind the move but the stock has traded like a meme stock since going public on Monday, so big moves are to be expected.
Will Newsmax's multibillion-dollar stock surge last?
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion.
Newsmax Inc. trading resumes
Inc. trading resumesDon't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street
Newsmax shares surge more than 2,000% in days after IPO
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
Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax’s first two days of trading after debuting on the New York Stock Exchange.
Newsmax stock surges after its IPO
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
Newsmax shares keep rising in premarket trade
Newsmax, the cable news network which saw a huge pop in its debut day on the New York Stock Exchange, continued to advance in premarket trades on Tuesday. Newsmax shares jumped 24% to $103.95, having surged to $83.
Newsmax takes a breather after wild 2,550% rally vaults it to meme stock status
Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, sending the stock soaring.
Yahoo Finance2d
Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut
“Whether or not that persists, who knows, but it has all the hallmarks of a meme stock. There needs to be some sort of passion to enable investors overlooking fundamentals, and Newsmax fits that ...
Newsmax IPO draws comparisons to GameStop meme stock mania, as NMAX price surges another 160% today
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022.
Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other Media Peers
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.
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