Newsmax stock soars, pushing market cap to >$20 billion
Newsmax stock (NMAX) soared as high as 173% Tuesday, extending its massive 735% gain on Monday following the conservative cable news outlet's IPO.
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lamplighter
Joined 2013/04/13Visited 2025/04/03
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... Newsmax raised $75 million in its IPO Friday, with shares priced at $10. The outlet's rapid ascent in its first two days of trading pushed its market cap to more than $20 billion Tuesday afternoon, with shares trading as high as $228. ...
#1 | Posted by LampLighter at 2025-04-01 04:07 PM | Reply
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