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Newmax's IPO raised $75 million by selling 7.5 million shares at $10. However, most investors weren't able to purchase shares ...
More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...
Take Newsmax (NYSE: NMAX), for example. If you want to spin the cable-news company's stock performance in a negative light, ...
Newsmax’s stock price has dropped more than 90% from its all-time high. But it still trades about 80% above its IPO price. Newsmax stock is overvalued relative to its growth potential ...
Newsmax's stock went on a wild ride after its initial public offering (IPO) on March 31, 2025. It went public at $10, started trading at $14, and ended its first day at $83.51. That's a stunning ...
Newsmax announced today that the Securities and Exchange Commission (SEC) has approved its filing that will allow certain investors to sell their stock, leading to significant dilution.
Newsmax stock has collapsed since its April IPO, and a new bombshell has dropped, placing the company at risk.
Separately, see Why Buy Microsoft Stock? Newsmax’s initial earnings report as a publicly-traded entity presents a mixed snapshot. In Q1 2025 (ending March), the firm reported $45.3 million in ...
Shares of Newsmax Media (NYSE: NMAX) are plunging on Friday. The media company's stock lost 18% as of 3:45 p.m. ET and was down as much as 23.6% earlier in the day. The steep decline comes as the ...
Newsmax (NYSE: NMAX), the media stock that rocketed higher in early April just after it landed on the stock exchange and then sank, continued to cool down the following month. Across May its share ...
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