Trump, Newsmax
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Shares of conservative media outlet Newsmax (NYSE: NMAX) traded with extreme volatility today.
From USA TODAY
The Boca Raton, Fla., outlet’s stock price surged after its initial public offering Monday.
From Seattle Times
Despite its lofty valuation, Newsmax has struggled to turn a profit during the run-up to its stock market debut.
From The New York Times
Read more on News Digest
A destination for political conservatives, the Boca Raton, Fla.-based news operation surges after its initial public offering.
Vice President Vance said he thought the market reaction to President Trump’s tariff plan would have been worse, saying that the White House team is feeling good about the rollout. “We’re feeling
Liberation day, they call it, right? The reciprocal tariffs go into effect April 2, not April Fools, but today, April 2. Yes, there's all kinds of consternation and worry about this pretty bold step.
The company later saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It has now caught the attention of bearish investors, who are betting against its future performance
Long a conservative media also-ran, Newsmax’s stock price has risen and fallen dramatically throughout the week.
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering 735% from its $10
2d
Barchart on MSNNewsmax Stock Soared 700% in Its IPO Thanks to Trump Link. Should You Buy the New NMAX Stock Now?Investors are glued to Newsmax (NMAX) after shares of the conservative cable TV network rallied an extraordinary 1,00% since their New York Stock Exchange debut on Monday, March 31. The unusual interest in the media outlet’s listing may have been related to its favorable coverage of President Donald Trump and his frequent appearances on Newsmax
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on their first day of trading.