Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO success.
Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, ...
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...
Shares of conservative network Newsmax (NMAX) ended Wednesday's trading session with a 77.5% decline, after rallying in ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
US stocks rebounded ahead of President Trump's tariff announcements, but stock futures fell after Trump surprised markets ...
Newsmax shares are down 23% as gravity takes hold following the new IPO's 2,230% surge in its first two days of trading. Tesla shares are down more than 1% as traders await the EV-maker's ...
NMAX also provides a timely parallel to another recent IPO, CoreWeave ( CRWV ). Its deep relationship with Nvidia ( NVDA, ...
US stocks rebounded as Wall Street braced for President Trump's announcement of new tariffs that stand to remake the global ...
Newsmax stocks exploded after debuting on the New York Stock Exchange this Monday, after starting out at $10-a-share.
Data from FactSet show the second-day performance of Newsmax, when it surged 179%, was one of the strongest ever for a new listing. The stock, though, had suffered an intraday decline of almost 76% ...