Warning: 3 Reasons to Be Cautious About Newsmax Stock After Its Epic Post-IPO Surge
Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the conservative news network rocketed over 700% the day it went public, rising from its $10 IPO price to over $80 per share.
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
1don MSN
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, ...
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
2don MSN
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
The company later saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It has now caught the ...
Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.
Here’s a sample headline, this one from the International Business Times: “Conservative Cable Channel Nmax Surges Over 700 ...
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