The stock soared nearly 180% to close at $233 on Tuesday, building on a 735% surge in its debut session which saw the shares halted multiple times.
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks. Read more about NMAX stock here.
As a publicly traded company, anyone can buy shares of Newsmax through a brokerage account or online trading platform. Here's a step-by-step guide on how to add the stock to your portfolio. Step 1: Open your brokerage app: Log into your brokerage account where you handle your investments.
Newsmax Inc. ("Newsmax" or the "Company") today announced the successful completion of its initial public offering under Regulation A+, raising the maximum allowed of $75 million through the sale of 7.
Newsmax stock soared 180% Tuesday, extending its massive 735% gain on Monday following the conservative cable news outlet’s IPO.
Newsmax Inc. shares more than tripled in their debut trading session after a $75 million initial public offering brought the conservative media outlet onto the New York Stock Exchange.
22h
Stocktwits on MSNNewsmax Stuns Market With Stellar NYSE Debut, But Retail Traders Are On The BackfootNewsmax, Inc (NMAX) stock surged a whopping 735% on its market debut on Monday and was the top trending ticker on Stocktwits early Tuesday, even as retail investors took a highly bearish view. The U.S.
Wall Street benchmarks ended in mixed fashion on Tuesday after a topsy-turvy session, as investors were caught in limbo ahead of the impending tariff announcements from the Trump administration.