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Why Newsmax Stock Is Sinking Today - MSN
Shares of Newsmax (NYSE: NMAX) are plunging on Thursday. The media company's stock lost 9% as of 3:50 p.m. ET. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite ...
The company's stock is down more than 90% from its peak post IPO. Despite this, it still remains expensive in my view. There isn't a direct catalyst today, so here's a quick analysis of the ...
Take Newsmax (NYSE: NMAX), for example. If you want to spin the cable-news company's stock performance in a negative light, you could focus on the fact that Newsmax shares are more than 90% below ...
It's a meme stock, so be careful Newsmax has undoubtedly morphed into a full-blown meme stock. As of this writing, Newsmax had a roughly $4.75 billion market cap, but lost over $72 million in 2024.
Newsmax (NYSE: NMAX) stock is posting big gains in Monday's trading. The media company's share price was up 13.5% as of 12:40 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was up 0.2% at the ...
It's the fundamentals that ultimately matter, and at the end of the day Newsmax will sink or swim on them. Personally, I'm not captivated by its performance and I wouldn't buy the stock just now ...
Nevertheless, these gains in audience have yet to convert into profitability. Newsmax incurred a net loss of $17.2 million, or $0.49 per share, accompanied by an adjusted EBITDA loss of $1.2 million.
Newsmax Inc.’s (NYSE: NMAX) opening week on the New York Stock Exchange delivered a masterclass in market volatility, leaving investors breathless and analysts scrambling for comparisons.
The stock price opened late Monday morning at £10.87 ($14) apiece after pricing its class B common shares at £7.76 ($10) apiece to raise £58.22 million ($75 million).
Newsmax (NMAX -0.50%) stock is posting big gains in Monday's trading. The media company's share price was up 13.5% as of 12:40 p.m. ET. Meanwhile, the S&P 500 (^GSPC 0.40%) was up 0.2% at the same ...
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 ...
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