Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...

Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, sending the stock soaring.

Newsmax ( NMAX -8.46%) stock posted big gains in this shortened week of trading. At the closing bell this past Thursday, the company's share price was up 11.6% from the previous week's market close.

Newsmax's gains came amid a 2.5% rally for the S&P 500 and a 2.7% jump for the Nasdaq Composite. In addition to the bullish backdrop shaping the broader market's trading, the stock saw gains driven by ...

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 ...

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 ...

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 ...

Newsmax sold 7.5 million shares in its IPO and the company quickly reached meme stock status. About 11 million shares changed hands on Tuesday. "There's not a lot of stock to trade in the market ...