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Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
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.
Newsmax saw its valuation soar to about $8 billion, double that of Trump Media & Technology Company, and about a third of Fox ...
Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.
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 ...
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...
Newsmax's was briefly worth more than the New York Times on Tuesday after its share price jumped higher for a second straight ...
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.” ...