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Newsmax is rising quickly today in conjunction with the stock being added to the Russell 2000 index. Funds that track the ...
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Newsmax (NMAX 1.60%) completed its IPO at the end of March. In the company's short life as a public company, the share price has been on a wild ride.
The Newsmax IPO represents more than just a financial success—it arrived during what Elenowitz called “probably the worst time for the markets ever,” when high-profile IPOs backed by major ...
Investing the IPO Windfall: Where Newsmax Heads Next. With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited ...
With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.
Newsmax, founded as a digital brand in 1998, expanded into cable television in 2014. The company has positioned itself as a conservative voice in the media landscape. While Nielsen data cited by ...