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Newsmax stock surges

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The surge represents one of the largest IPO rallies in U.S. history since VA Linux’s debut on the Nasdaq in 1999, when its shares rose from an initial price of $30 to $239.25.
From The Business Journals
Shares of conservative news outlet Newsmax jumped over 18% before the bell on Tuesday, extending the stock's gains a day after its stunning debut on the New York Stock Exchange.
From U.S. News & World Report
Despite its lofty valuation, Newsmax has struggled to turn a profit during the run-up to its stock market debut.
From The New York Times

Read more on News Digest

Newsmax stock plunges 70% after blistering post-IPO rally
Newsmax stock price crashed by more than 70% Wednesday after a wild post-IPO rally. Its low share float heightens the stock's volatility.
Newsmax stock takes dip from over 2,000% post-IPO rally
The IPO rally became the largest in the history of the NYSE, propelling the media company's owner to multi-billionaire status.
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.
Conservative Cable News Channel Newsmax Surges a Day After Stunning Debut
By Zaheer Kachwala and Medha Singh (Reuters) -Shares of conservative news outlet Newsmax soared more than 60% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange.
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 Skyrockets in Roaring Market Debut
Newsmax made a wild debut in the stock market. Shares of the media company surged 735% to $83.51 a share. Trading was halted multiple times during the session due to volatility. Newsmax, trading under the symbol NMAX,
Why Is Newsmax, the Right-Wing Channel, Suddenly Worth More Than U.S. Steel?
Newsmax lost $55 million in the first half of last year. But its stock has surged this week as shares in the company traded on the public market for the first time.
Trump-endorsed news channel sees shares surge 2,200%
Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on Monday. The US firm's shares, which were originally priced at $10 (£7.75) each,
Newsmax Explodes 735% in IPO Debut as Trump Era Fuels Investor Frenzy
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering 735% from its $10
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.
Newsmax Announces Closing of $75 Million Initial Public Offering
Newsmax Inc. ("Newsmax" or the "Company") today announced the successful completion of its initial public offering under Regulation A+, raising the maximum allowed of $75 million through the sale of 7.
Meet the tiny investment bank behind Newsmax's rip-roaring stock debut
A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the firm won the deal.
Why Newsmax Stock Is Getting Crushed Today
Shares of the conservative media outlet Newsmax ( NMAX -62.04%) 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.
Newsmax Stock Skyrockets Over 500% Following IPO—Causing Multiple Trading Halts
Newsmax debuted on the New York Stock Exchange on Monday and surged over 500% in the first few hours of trading, leading to nearly a dozen trading halts following its initial public offering, as its market cap surged to more than $5.5 billion.
Newsmax More Valuable Than Fox After Shares Surge 180%
Shares of Newsmax skyrocketed again on Tuesday, as trading in the conservative news outlet’s stock was halted again for volatility multiple times throughout the day, more than doubling the company’s market cap to above $22 billion after a massive debut yesterday.
How to Invest in Newsmax (NMAX)
As a publicly traded company, anyone can buy shares of Newsmax through a brokerage account or online trading platform. Here's a step-by-step guide on how to add the stock to your portfolio. Step 1: Open your brokerage app: Log into your brokerage account where you handle your investments.
Newsmax soars 723% on volatile first day of trading
Conservative-focused news network Newsmax ( NYSE: NMAX) opened for trading on its first day as a public stock at $14, above its $10 initial public offering price, and rose from there to a 66% gain before a volatility halt just before 11 a.m. ET.
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