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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 ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in ...
Newsmax Inc. (NYSE:NMAX) (”Newsmax” or the “Company”) today announced that a new Nielsen ratings report shows the Company is rising across all dayparts with audience growth and almost every single ...
The company later saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It has now caught the ...
Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.
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 ...
Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under the ticker symbol "NMAX". The Company raised $300 million between its recent pre-IPO and IPO raises. Newsmax Inc ...