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Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Newsmax's was briefly worth more than the New York Times on Tuesday after its share price jumped higher for a second straight ...
Newsmax (NYSE: NMAX ... Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: profitability. A company needs to make money ...
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The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
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 ...
That surge also pushed Newsmax’s valuation to $11.2 billion ... for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Newsmax stock surged as much as 2,190% after its IPO debut, reaching $229 per share on Tuesday. The right-wing cable channel's market value exceeded $20 billion. The stock's rise may be due to the ...
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 cap ...
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 Stock ...
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