Newsmax, Trump
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Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.
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Mediaite on MSNNewsmax Stocks Suffer Brutal 77% Wipeout After ‘Meme Stock’-Style BoomTwo days after eye-popping boom that briefly spiked Newsmax shares, the MAGA media stock bubble burst as those values cratered, plunging 77.5% to $52.52 and wiping out nearly $24 billion in market value.
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.
Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, sending the stock soaring.
23hon MSN
Newsmax (NMAX) stock dropped 40% Wednesday morning after a massive post-IPO surge saw shares soar from $10 to $233. Newsmax is a conservative cable news outlet and Fox News alternative that was founded in 1998 by CEO Christopher Ruddy,
By Saqib Iqbal Ahmed, Nupur Anand and Laura Matthews NEW YORK (Reuters) -President Donald Trump announced tariffs on Wednesday against major U.S. trading partners that were more aggressive than anticipated,
Assessing whether Trump's recent aggressive tariff talk is all bluster, no muster kept stocks volatile on Tues. S&P 500 erases early losses to end up.
Key Takeaways Trump Media stock fell Wednesday after a regulatory filing raised worries insiders including President Trump could sell shares.The company denied Trump's trust has any intention of selling shares,