Many factors can cause a stock to surge following its IPO. However, one catalyst tends to drive its long-term performance: profitability. A company needs to make money to support its operations and ...

Newsmax's stock price jumped another 50% higher on Tuesday morning, one day after the right-leaning media company saw its share price run from $10 to $83 during its Wall Street debut. The 50% increase ...

Ruddy retains more than 80% of voting power following the IPO due to the dual-class share structure. The post Newsmax Shares Surge 500% in IPO Debut appeared first on TheWrap.

Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...

Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under the ticker symbol "NMAX". The Company raised $300 million between its recent pre-IPO and IPO raises. Newsmax Inc. is ...

Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in its first two days of trading on the NYSE (New York ...

Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.

Shares of Newsmax started trading for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was halted six times in the first three hours ...

Last week Newsmax Inc. successfully completed its IPO and listed on the NYSE under the ticker symbol "NMAX". The Company raised $300 million between its recent pre-IPO and IPO raises. Newsmax Inc ...