Newsmax stock soars, pushing market cap over $16 billion after IPO
Newsmax stock soared more than 120% Tuesday morning, extending its massive 735% gain on Monday following the conservative cable news outlet’s IPO. Newsmax raised $75 million in its IPO Friday, with shares priced at $10. Newsmax’s rapid ascent in its first two days of trading pushed the company’s market cap to $16.7 billion. Shares traded […]









