Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares soar from $14 to $233. The stock's spiral sent Newsmax's market cap down to ...

The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, after rising as high as $265.

As such, Newsmax’s valuation remains far loftier than the ... to fetch high relative share prices shortly after their IPO as investors bet a company can grow into its valuation.

Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox Corp's valuation.

$9.2 billion. That’s the estimated value of Newsmax CEO Christopher Ruddy’s 31% stake in the company as of Tuesday’s closing ...

Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently ...

Detailed price information for Trump Media & Technology Group Corp (DJT-Q) from The Globe and Mail including charting and ...

This week’s IPO has been a monumental success ... similarly investors voted by enormously buying Newsmax stock to say they like us, they value us and they want us to grow.” ...