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$9.2 billion. That’s the estimated value of Newsmax CEO Christopher Ruddy’s 31% stake in the company as of Tuesday’s closing ...
Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares soar from $14 to $233. The stock's spiral sent Newsmax's market cap down to ...
A surge of new shares is coming. If you're like most investors, you want a piece of that price action. However, before you buy Newsmax stock, you need to consider the risks. Here are three warning ...
Newsmax (NYSE: NMAX) stock has been on a roller-coaster ride since its initial public offering (IPO) on April 1. After ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in its first two days of trading on the NYSE (New York ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. The limited number of shares sold, roughly 7.5 million, contributed to the surge. At that point ...
Newsmax (NYSE: NMAX) stock closed out Tuesday's trading with big gains. Newsmax's gains came amid a 2.5% rally for the S&P ...
An curved arrow pointing right. Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion. Why did this happen?
The spike has made the company’s largest holders exceptionally rich — on paper. Founder Christopher Ruddy owns nearly one-third of the company’s shares.
Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on ...
Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares via its IPO. Demand from investors has far exceeded the number of ...
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