Newsmax's meme-fueled IPO surge has collapsed, leaving the stock overvalued and fundamentally detached from its weak financials and persistent losses. Legal risks, especially the Dominion ...

Newsmax's meme-stock status suggests shares will likely remain highly volatile in the near term. Newsmax's big gains came on the heels of even bigger sell-offs in the previous week's trading.

The meme stock is now seeing some rebound momentum. Newsmax had its initial public offering (IPO) on March 31 and has been incredibly volatile across its relatively short history as a publicly ...

Newsmax's explosive post-IPO gains were powered by meme stock trading, but that momentum is now fading. Newsmax stock saw another big valuation pullback today despite a seemingly positive ...

Newsmax Inc.'s (NYSE: NMAX) opening week on the New York Stock Exchange delivered a masterclass in market volatility, leaving investors breathless and analysts scrambling for comparisons.

Newsmax, founded as a digital brand in 1998 ... This is far removed from typical industry metrics, further reinforcing the "meme stock" characterization, where market sentiment and momentum ...

In this article, we are going to take a look at where Newsmax (NYSE ... Okay, it’s, it’s a meme stock. What does that mean? It means it’s in control by a few people who write, a meme stock ...

Interestingly, Newsmax's IPO was sold to 30,000 retail investors, who effectively turned the company into a meme stock. Newsmax's coverage has been very loyal to President Donald Trump.

A meme-stock-style surge The dramatic rise in Newsmax’s share price mirrors the “meme stock” phenomenon that rocked US equity markets in 2021. Newsmax, which posted a $72 million loss on $ ...

Shares of the conservative media outlet Newsmax (NYSE: NMAX) had sunk by nearly 50% as of 1:25 p.m. ET today. There was no obvious reason behind the move but the stock has traded like a meme stock ...