Newsmax, Stock
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USA TODAY |
The stock remained the top trending ticker on retail investor-focused social media stocktwits.com.
Seattle Times |
The Boca Raton, Fla., outlet’s stock price surged after its initial public offering Monday.
Business Insider |
The stock had soared 2,230% in its first two days of trading on the NYSE (New York Stock Exchange).
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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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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,
Key Takeaways Shares of conservative news channel Newsmax nearly tripled Tuesday, putting the stock 2,200% above its IPO price.The stock soared 735% during its first day of trading Monday, the best first-day performance for a U.