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15don MSN
The Newsmax IPO was one for the record books. 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.
16don MSN
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 ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
After rising roughly 14% in Monday's trading, Newsmax stock is continuing to move higher in today's session. The stock is seeing some significant recovery after big sell-offs last week, but the gains ...
Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.
Newsmax stock skyrocketed on its first day of trading, and it managed to climb as high as $265 per share, thanks to gains in the next daily session. But the rally appears to have been largely powered ...
With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.
This week’s IPO has been a monumental ... dominated by Fox News. Newsmax CEO Chris Ruddy, who is now a billionaire on paper thanks to the stock’s explosive performance, told CNN, “Last ...
Newsmax had its initial public offering (IPO) on March 31 and has been incredibly ... Newsmax said that the performance made it the fifth-most-watched cable television network.
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