Newsmax Stock Has Soared 2,000% In Its 1st 2 Days Of Trading
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Shares of conservative news outlet Newsmax NMAX.N soared more than 60% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange.
From USA TODAY
Shares of the media company surged 570% by midday Monday to $67 a share.
From Wall Street Journal
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U.S. stocks are swerving through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”
Conservative cable news network Newsmax went public on the New York Stock Exchange Monday. Its stock rocketed 735% higher in its first volatile day of trading. Trading under the ticker "NMAX," the stock opened at $14 a share after pricing at $10 a share,
(Reuters) - Shares of conservative news outlet Newsmax jumped over 18% before the bell on Tuesday, extending the stock's gains a day after its stunning debut on the New York Stock Exchange. The stock's premarket price of $99 is nearly 10 times its IPO price of $10, and now values the cable news network at nearly $12 billion.
21hon MSN
On Wall Street, the S&P 500 rose 0.6% in another roller-coaster day, after being down as much as 1.7% during the morning. The reversal helped the index shave its loss for the first three months of the year to 4.6%, making it the worst quarter in two-and-a-half years.
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