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The stock remained the top trending ticker on retail investor-focused social media stocktwits.com.
From USA TODAY
The conservative TV company, which Ruddy founded in 1998, had a market capitalisation of more than $12bn on Tuesday — despite regulatory filings showing Newsmax lost $72mn on $171mn in revenue last y...
From The Financial Times
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21hon MSN
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. That left the stock NMAX up 2,230% in its first two days of trade on the New York Stock Exchange.
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Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.
Other than Nvidia, the world’s leading artificial intelligence (AI) companies are mostly private, so our look into their businesses are fleeting and hazy. However, on Friday, AI data centre company CoreWeave listed on the New York Stock Exchange, giving us an important glimpse into the economics of the industry.
Equity Stock Transfer congratulates Chris Ruddy and Newsmax on this milestone and thanks the team at Digital Offering and Vinyl Equity for their assistance in processing the transfers. Equity Stock Transfer through its relationship with Vinyl Equity helped achieve this success using custom systems software jointly developed to service large private offerings which utilize general solicitation and advertising for investors as allowed under the Jobs Act and Regulation D under the Securities Act of 1933.
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) each,