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MAGA favorite Newsmax is hottest new meme stock

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Fast Company |
Shares of Newsmax continued to rise on Tuesday following a massive public debut on Monday, in which shares shot up more than 700% for the best-performing first day since 2022.
Wall Street Journal |
Shares of the media company surged 570% by midday Monday to $67 a share.
Reuters |
The stock's premarket price of $99 is nearly 10 times its IPO price of $10, and now values the cable news network at nearly $12 billion.

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Newsmax IPO draws comparisons to GameStop meme stock mania as NMAX price surges another 160% today
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022.
MAGA favorite Newsmax is the hottest new meme stock after a 2,190% post-IPO surge
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.
Newsmax Becomes a Meme Stock With 1,160% Post-IPO Surge
Conservative media outlet Newsmax Inc. is having a meme-stock moment, with shares surging 1,160% since its debut as a public company on Monday.
Newsmax Stock Skyrockets in Roaring Market Debut
Newsmax made a wild debut in the stock market. Shares of the media company surged 735% to $83.51 a share. Trading was halted multiple times during the session due to volatility. Newsmax, trading under the symbol NMAX,
Newsmax shares keep rising in premarket trade
Newsmax, the cable news network which saw a huge pop in its debut day on the New York Stock Exchange, continued to advance in premarket trades on Tuesday. Newsmax shares jumped 24% to $103.95, having surged to $83.
Equity Stock Transfer teams up with Newsmax Inc. for historic IPO opening on New York Stock Exchange’s main board
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 cable news channel Newsmax extends gains after stellar debut
Shares of conservative news outlet Newsmax soared more than 27% before the bell on Tuesday, extending their gains a day after a stunning debut on the New York Stock Exchange.
Newsmax Begins Trading on NYSE Under Ticker Symbol "NMAX"
BOCA RATON, FL / ACCESS Newswire / March 31, 2025 / Newsmax Inc. ("Newsmax" or the "Company") announced that its Class B
Newsmax (NMAX) Rockets 735% on IPO Launch
Conservative news outlet Newsmax (NMAX) is soaring for the second day in a row after debuting on the NYSE yesterday in a wild IPO.  NMAX stock was offered at $10 per share, but raced 735% higher in its first day of trading to close out its first day as a public company at $83.
Why meme stocks like GameStop could cause you headaches
Listen and subscribe to Opening Bid on Apple Podcasts, Spotify, YouTube or wherever you find your favorite podcasts. GameStop (GME) is once again on traders' minds after saying it would start to buy bitcoin (BTC-USD) to diversify its cash reserves.
GameStop Stock Drops. The Meme Stock Is Selling $1.3 Billion of Notes to Buy Bitcoin.
GameStop announced plans for a private offering of $1.3 billion in convertible senior notes, aiming to use the proceeds for general corporate purposes, including to invest in Bitcoin. Shares of the videogame retailer and meme stock fell 18.
GameStop: Turning Hype Into Cash And Crypto Can Be A Clever Move (Rating Downgrade)
GameStop adopts bold strategies like Bitcoin reserves & convertible bonds to offset decline. Explore its pivot for profitability under CEO Ryan Cohen.
GameStop venturing into the world of crypto is a wild bet
Management is betting perhaps that the Trump administration’s love of the digital coin on top of crypto speculation will help more people forget the vicissitudes of its real business, and shares
Money Morning1d
Newsmax IPO Soars 600%: Material Gain or Meme Magic?
In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On Friday, Newsmax raised $75 million with the IPO with the offering price of $10 per for a float of 7.5 million shares.
GameRant on MSN4d
GameStop Stock Takes Big Hit
GameStop stock price craters on the back of an unexpected announcement that seemingly shook investors' confidence in the company.
GameStop Puts $1.3 Billion Bet On Bitcoin As It Closes Even More Stores
Update 3/27/2025 3:31 p.m. ET: Surprise! GameStop announced it’s going to use $1.3 billion in new debt to finance its excursion into Bitcoin. The money will come from issuing new meme stock that won’t be worth anything until 2030. The stock peaked at nearly $30 on Wednesday before cratering 20 percent after the news of the debt-financing.
GameStop's crypto pivot boosts shares of one-time retail investor favorite
GameStop shares were back in action as the company's move to hoard bitcoin brought retail investors back to their favorite meme stock.
GameStop’s plan to bet on Bitcoin juices video game retailer’s stock
GameStop’s seesawing stock price surged 7% late Tuesday after the video game retailer disclosed plans to invest some of its cash in cryptocurrency.
GameStop adopts policy to buy Bitcoin, joining other firms
GameStop Corp., the struggling video-game retailer that became a favorite of retail traders during the meme stock frenzy in 2021, said its board has approved a plan to add Bitcoin as a treasury
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