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Newsmax, IPO

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Investopedia |
Shares of the media company were recently off some 40% to $140, plummeting to start their third day of trading.
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.
Seattle Times |
Shares offered at $10 closed at $233 a share Tuesday afternoon, giving the company a market valuation of over $20 billion.

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Newsmax Stock Plummets After Wild Post-IPO Runup
Shares of the media company were recently off some 40% to $140, plummeting to start their third day of trading. Newsmax ( NMAX) went public Monday —its IPO price was $10, and it opened at $14—to kick off a dramatic upward run. The stock finished yesterday at $233 after slipping from intraday highs of $265.
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 soars 56% to $130, continuing post-IPO rally
EDT Newsmax (NMAX) soars 56% to $130, continuing post-IPO rallyDon't Miss Our End of Quarter Offers: Discover the latest stocks
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 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 (NMAX) Rockets 735% on IPO Launch
Conservative news outlet Newsmax (NMAX) is soaring for the second day in a row after debuting on the NYSE yesterday in a wild IPO.  NMAX stock was offered at $10 per share, but raced 735% higher in its first day of trading to close out its first day as a public company at $83.
Trump-backing cable network Newsmax a hot stock on Wall Street
Conservative cable news channel Newsmax is getting a Trump bump on Wall Street. The Boca Raton, Florida, outlet's stock price surged after its initial public offering Monday. Shares offered at $10 closed at $233 a share Tuesday afternoon,
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,
Can Newsmax Jumpstart the Sleepy Media IPO Market?
If you follow the media world at all, there is a good chance Newsmax's initial public offering has caught your attention. How could it not? The conservative news outlet made its Wall Street debut on Monday morning,
Newsmax made history in the two sessions following its IPO. Day 3 has been a different story.
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, after rising as high as $265. That left the stock NMAX up 2,230% in its first two days of trade on the New York Stock Exchange.
Why Shares of Newsmax Are Up More Than 1,123% Since Its IPO
Class B shares of the right-leaning media outlet Newsmax ( NMAX 159.68%) have blasted more than 1,123% higher since its initial public offering on March 31. The stock appears to be trading like a meme stock: Shares had roughly doubled today at 1:13 p.m. ET.
Newsmax shares dive after two-day surge
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 first-quarter delivery data.
CBS News2d
Conservative channel Newsmax surges more than 700% in stock market debut
Since that debut, Newsmax has become the No. 7 basic cable network, Ruddy said. "We're in 57 million homes — I think we're very competitive with" Fox News, he told CNBC. The IPO provides Newsmax ...
Forbes2d
Newsmax Stock Skyrockets Over 700% Following IPO—Causing Multiple Trading Halts
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 ...
Pro-Trump Newsmax more valuable than Fox News owner after 2,230% IPO pop
The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times.
Tesla, Newsmax, Big Tech: Stocks to watch today
Factory orders gained 0.6% in February, better than the consensus estimate but slowing from an upwardly revised 1.8% in January.Federal Reserve Governor Adriana Kugler is scheduled to speak at 4:30 p.
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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