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.
2024 marks a surprising shift as no chief executive from publicly traded companies has hit the $100 million pay milestone, despite several coming close, including Starbucks' leader. What’s behind this trend?
