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Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
Shares of Newsmax soared spectacularly when the conservative-leaning media company made its debut on Wall Street on Monday.Newsmax sold 7.5 million shares at an IPO price of $10, and shares surged to ...
The stock’s debut comes on the heels of the disappointing IPO of the AI company CoreWeave (CRWV) on Friday. In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as ...
Key Takeaways Shares of conservative news channel Newsmax more than doubled in intraday trading Tuesday, putting the stock 2,000% above its IPO price.The stock soared 735% during its first day of ...
Though it's anyone's guess how long IPO mania will hog the spotlight, historical data strongly suggests neither CoreWeave nor Newsmax will sustain their current hype or valuations. Sean Williams ...
Klarna Group, ticket platform StubHub holdings and crypto company, Circle are reportedly putting off plans for initial public ...
Nvidia-backed cloud-computing company CoreWeave (CRWV), which went public a week ago, is down 15% today but still trades above its IPO price. Conservative media company Newsmax (NMAX), which began ...
StubHub, which filed for an IPO in March, decided to delay a meeting scheduled next week with prospective investors after the ...
Josh Lipton outlines some of the top trending tickers on Yahoo Finance's platform, joined by Citi Wealth chief investment ...
And this week, Newsmax NMAX has dominated headlines following its IPO, with shares soaring as a result. However, it's not the only notable IPO we’ve seen recently, as CoreWeave CRWV also debuted ...
IPO activity post-pandemic has fluctuated significantly, primarily driven by economic uncertainty, rising interest rates, and inflation, all of which have impacted investor sentiment. But the tide ...