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Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
Newsmax stock dropped 24% early Wednesday after a blistering 2,550% post-IPO rally. The stock's volatility mirrors meme-stock trends driven by retail investor interest. Newsmax's low share float ...
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This is like the initial market reaction to DJT on steroids,’ one investment expert said about the explosive Newsmax rally ...
The stock's rise may be due to the limited shares offered in the 'mini IPO.' Newsmax has cemented its status as a meme stock following its IPO debut on Monday. The stunning rally for shares of the ...
“Whether or not that persists, who knows, but it has all the hallmarks of a meme stock. There needs to be some sort of passion to enable investors overlooking fundamentals, and Newsmax fits that ...
Last year, Newsmax brought in $171 million in total ... AMC Entertainment (AMC), Avis (CAR), and others, when a stock reaches meme status and has a limited float, the stock can go higher than ...
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