In a stunning turn of events, Newsmax Inc. shares plummeted 77% after an explosive two-day surge that saw the stock soar 2,230%. The rapid decline wiped out $23 billion in market value, raising questions about retail investor behavior.
Newsmax's stock price nosedived over 70% after a historic debut on the NYSE, raising questions about the sustainability of its initial surge and the implications for retail investors.
Newsmax Inc. is experiencing an unprecedented surge in its stock, skyrocketing 1,160% since going public. The stock's explosive debut has captivated investors and analysts alike.
Newsmax Inc. has made headlines as its shares surged 735% in their debut, making CEO Christopher Ruddy a billionaire overnight. The conservative news network's IPO raised $75 million, closing at $83.51 after trading volatility.
In an explosive debut, Newsmax Inc. shares surged by 667% after their initial public offering, trading at $62.27. The conservative media outlet's IPO raised $75 million, attracting significant market attention.
President Trump hints at a more lenient approach to tariffs as the deadline nears, raising concerns about its impact on the U.S. economy and consumer confidence amid market volatility.
In a stunning turn of events, Newsmax Media has agreed to pay $40 million to Smartmatic for falsely claiming the company rigged the 2020 U.S. election. This comes as Smartmatic gears up for a trial against Fox News over similar allegations.
