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Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's ...
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in its first two days of trading on the NYSE (New York Stock ...
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
The spike has made the company’s largest holders exceptionally rich — on paper. Founder Christopher Ruddy owns nearly ...
Shares of the conservative media outlet Newsmax ( NMAX -77.37%) 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 ...
The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax’s first two days of trading after debuting on ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares via its IPO. Demand from investors has far exceeded the number of ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...