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Wall Street bankers are urging companies seeking to IPO on US markets to have patience and let volatility play out amid the ...
A Delaware jury must still decide on other claims from Newsmax’s 2020 election coverage, and determine damages.
Newsmax reaches an impressive market capitalization of nearly $30 billion during its opening week on the New York Stock ...
Love him or hate him, Donald Trump's presidency has hugely impacted financial markets, boosting a slew of companies that aim ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Analysts attribute the surge in Newsmax’s stock to retail investors, drawing comparisons to the meme-stock phenomenon witnessed with companies like GameStop. The concept of meme ...
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in its first two days of trading on the NYSE (New York Stock ...
Newsmax made history in the two sessions following its IPO. Day 3 has been a different story. Newsmax's second-day performance was one of the strongest ever for a newly minted stock ...
plummeting in their third session as a publicly traded company. Newsmax (NMAX) went public Monday—its IPO price was $10, and it opened at $14—to kick off a dramatic upward run. The stock ...
The Securities and Exchange Commission told staff on Wednesday it plans to shake up its enforcement and exams divisions by having them report under new deputy directors, the latest in ...
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.