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 was briefly worth more than the New York Times on Tuesday after its share price jumped higher for a second straight ...

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 ...

The stock began trading at $14 Monday before surging a staggering 735%. Shares rose another 180% Tuesday, rocketing Newsmax's market cap from $1.2 billion upon its market debut to $20.8 billion. The ...

Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap ...

Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...

The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...

That surge also pushed Newsmax’s valuation to $11.2 billion ... for $14 per share on Monday morning — above its $10 IPO price — and quickly ran from there. The outlet’s stock was ...

Newsmax, the right-leaning cable news outlet, is enjoying a big debut on Wall Street on Monday, with its share price surging more than 500% above its initial public offering price. Shares of Newsmax ...

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.

Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares via its IPO. Demand from investors has far exceeded the number of ...