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Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
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The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of ...
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Adweek on MSNNewsmax Rings the NYSE Opening Bell to Launch Its IPONewsmax celebrated the launch of its IPO by ringing the opening bell at the New York Stock Exchange on Thursday. The ...
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The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in ...
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
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As of midday Monday, Newsmax stock was up by 532%, and shares were trading at a whopping $63.20 apiece. The spike has been so ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On ...
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