Shares of conservative news channel Newsmax plunged more than 70% on Wednesday as its meteoric rise as a new public company proved to be short-lived. The stock tumbled a whopping 77.5%, following a ...
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Is Newsmax Stock a Buy?
Newsmax’s stock has taken a round trip back to its IPO price. The company has grappled with legal and competitive challenges. Its stock isn’t a bargain yet, and it faces a lot of unpredictable ...
Newsmax, the conservative media company, went public on Monday, with shares surging more than 700% in its first day on the New York Stock Exchange, giving it a market capitalization of more than $10 ...
The post-IPO bubble in Newsmax stock, leaving a suddenly reasonable, fundamentally-driven bull case. Valuation remains high compared to established peers like FOX and WBD, but growing affiliate fees ...
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