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 ...

There's a new Trump trade on Wall Street, and it's as volatile as the president's agenda.

The surge has made Chris Ruddy, Newsmax's founder and CEO, a paper billionaire. However ... sold 7.5 million shares in its IPO and the company quickly reached meme stock status. About 11 million ...

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 CEO Chris Ruddy, who was sitting in the Delaware ... was for a time added to the billionaire class based on his holdings in the network. While Newsmax stock prices have since plummeted ...

The surge has made Chris Ruddy, Newsmax's founder and CEO, a paper billionaire ... in its IPO and the company quickly reached meme stock status. About 11 million shares changed hands on Tuesday.