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Newsmax Shares Plunge 77% After Wild Surge: What Happened?

Newsmax Shares Plunge 77% After Wild Surge: What Happened?

BUSINESS - 4/3/2025

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 Shares Plummet 70% After Initial Surge: What Went Wrong?

Newsmax Shares Plummet 70% After Initial Surge: What Went Wrong?

BUSINESS - 4/2/2025

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.

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