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Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut“This is the newest entry into the pantheon of meme stocks,” he added ... Ruddy and other key investors are locked in for six months, meaning they can’t unload their shares until this ...
Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than many of its media peers, including Trump Media and even Fox Corp. Retail ...
Meme stocks such as GameStop became mainstream in 2021 after apps like Robinhood (HOOD) gamified trading and people were stuck at home during the pandemic. The frenzy saw shares of challenged ...
“Just like any of the stocks that have been [in] momentum play since the meme stock era began ... key investors are locked in for six months, meaning they can’t unload their shares until ...
Near the end of market close on Tuesday, MAGA cable channel Newsmax – which posted a $72 million loss last year – was suddenly valued at roughly $30 billion, more than conservative media ...
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