Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other Media Peers
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Newsmax stock plunges 70% after blistering post-IPO rally
Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, ...
Newsmax Stock Plummets After Wild Post-IPO Runup
Shares of the media company were recently off some 65% to $80, plummeting in their third session as a publicly traded company ...
Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax’s first two days of trading after debuting on ...
Newsmax Explodes 735% in IPO Debut as Trump Era Fuels Investor Frenzy
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
Meet the tiny investment bank behind Newsmax's rip-roaring stock debut
A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the ...
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Newsmax IPO Soars 600%: Material Gain or Meme Magic?
In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On ...
Why Is Newsmax, the Right-Wing Channel, Suddenly Worth More Than U.S. Steel?
Newsmax lost $55 million in the first half of last year. But its stock has surged this week as shares in the company traded ...