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Newsmax (NYSE: NMAX) stock has been on a roller-coaster ride since its initial public offering (IPO) on April 1. After ...
Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.
Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under the ticker symbol "NMAX". The Company raised $300 million between its recent pre-IPO and IPO raises. Newsmax Inc ...
Ruddy retains more than 80% of voting power following the IPO due to the dual-class share structure. The post Newsmax Shares Surge 500% in IPO Debut appeared first on TheWrap.
Newsmax (NYSE: NMAX) stock has been on a roller-coaster ride since its initial public offering (IPO) on April 1 ... saw average primetime viewership surge 46% year over year to 3.01 million ...
After days of nerve-wracking, trade war-induced volatility, markets are showing signs of life. The Dow is currently up about 610 points. The S&P 500 is up about 80, as the NASDAQ jumps 287 points, ...
Learn More » 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.
Newsmax's gains came amid a 2.5% rally for the S&P 500 and a 2.7% jump for the Nasdaq Composite. In addition to the bullish backdrop shaping the broader market's trading, the stock saw gains driven by ...