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 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.
