Warning: 3 Reasons to Be Cautious About Newsmax Stock After Its Epic Post-IPO Surge
Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the conservative news network rocketed over 700% the day it went public, rising from its $10 IPO price to over $80 per share.
Long a conservative media also-ran, Newsmax’s stock price has risen and fallen dramatically throughout the week.
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Opinion
15mon MSNOpinion
Newsmax has undoubtedly morphed into a full-blown meme stock. As of this writing, Newsmax had a roughly $4.75 billion market cap, but lost over $72 million in 2024. I'd stay away from the stock, ...
Conservative cable news channel Newsmax is getting a Trump bump on Wall Street. The Boca Raton, Florida, outlet's stock price ...
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX." ...
Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...
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