Newsmax, Day After
Digest more
Top News
Highlights
Shares of conservative news outlet Newsmax jumped over 18% before the bell on Tuesday, extending the stock's gains a day after its stunning debut on the New York Stock Exchange.
From U.S. News & World Report
Shares of the media company surged 570% by midday Monday to $67 a share.
From Wall Street Journal
Read more on News Digest
1don MSN
Newsmax, the conservative cable news network, made its public debut on the New York Stock Exchange on Monday, defying market trends with an explosive opening. Trading under the symbol “NMAX,” the stock opened at $14 after being priced at $10 per share.
Cable channel Newsmax began trading on the New York Stock Exchange on Monday, and shares spiked more than 700%. The conservative TV news outlet has seen its ratings rise with the election of President Donald Trump and other prominent Republicans — although it still falls behind the dominant Fox News.
Trump addresses Signalgate blunder in Newsmax interview after Waltz takes responsibility: Live - President suggests no punishment for security officials over blunder that saw Atlantic editor Jeffrey G
Newsmax, the conservative news outlet, saw its shares hike over 500% in early trading on its first day on the New York Stock Exchange
1don MSN
As of midday Monday, Newsmax stock was up by 532%, and shares were trading at a whopping $63.20 apiece. The spike has been so intense that trading was halted for volatility five times in the first 30 minutes after market opening, Bloomberg reports.