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Newsmax is rising quickly today in conjunction with the stock being added to the Russell 2000 index. Funds that track the ...
CoreWeave had a sluggish start after its IPO earlier this year. But with contracts from tech giants like Microsoft, OpenAI, ...
Three months after a tepid public offering that almost didn’t happen, a surge in CoreWeave Inc.’s stock has vaulted its chief ...
IPO Edge hosted a fireside chat with Newsmax, Inc. (NYSE: NMAX) on June 24 to discuss the company’s current growth and ...
Newsmax (NMAX 4.07%) completed its IPO at the end of March. In the company's short life as a public company, the share price has been on a wild ride.
The Newsmax IPO represents more than just a financial success—it arrived during what Elenowitz called “probably the worst time for the markets ever,” when high-profile IPOs backed by major ...
With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.
Still, the TMT IPO market, even after factoring in Newsmax’s soaring debut on the final day of the quarter, was down 6% compared to first quarter of 2024.
Interestingly, Newsmax's IPO was sold to 30,000 retail investors, who effectively turned the company into a meme stock. Newsmax's coverage has been very loyal to President Donald Trump.
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. The limited number of shares sold, roughly 7.5 million, contributed to the surge. At that point, it ...
The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, after rising as high as $265.
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