Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation ...

Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.

Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...

Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.

That surge also pushed Newsmax’s valuation to $11.2 billion — making the company worth more than the New York Times, which has a market cap of $8.1 billion. Shares of Newsmax started trading ...

The stock slumped as much as 50%, wiping out $15 billion in market value, after a 2,230% surge in Newsmax’s first two days as a public company.

That's a sky-high valuation for a company that only generated ... Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares ...

Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...

Conservative TV company Newsmax has seen its stock market valuation surge by more than 2,200% since its debut in New York on Monday. The US firm's shares, which were originally priced at $10 (£7.75) ...

Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...

Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the conservative news network rocketed over 700% the day it went public, rising from its ...