Posted on 04/01/2025 4:44:12 AM PDT by Oldeconomybuyer
Newsmax went public on the New York Stock Exchange on Monday, as the conservative cable news network audience has grown after the election of President Donald Trump and other right-wing politicians.
The network began trading under the symbol “NMAX” late Monday morning, opening at $14 a share after pricing at $10 a share. It soared more than 700% in volatile trading on Monday.
Newsmax’s stock closed at $83.51 for the day.
(Excerpt) Read more at cnbc.com ...
Can you imagine buying 1,000 shares at 20 and selling at the end of the day at 83? That’s quite a payday.
Raising more money for the Clinton “foundation?”
Wow, that really speaks loads about the zeitgeist.
yes, i was able to snag 100 shares at a little over 22$, will probably sell today to get myself another 3-d printer.
i regularly look at upcoming ipos and this one did stand out. I’m surprised people on $djt didn’t jump on it.
Newsmax’s stock closed at $83.51 for the day.
Good deal it’s about the only non liberal network still in operation.
Murdock is going to pass Fox control to his two sons that are bloody liberals they want to make just like CNN and it’s leaning heavy that way already.
Good call! I missed it, and I agree that it is wild that long-suffering DJT holders didn’t see this coming.
It’s awesome today. You’ve done very well. I’m thrilled for you!!
Any restrictions on who can buy their stock? Soros would no-doubt like to try.
And that is exactly what we need to look at. WHO has the controlling shares? Do not be shocked if any of the alphabet network owners are.
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