Newsmax skyrockets in IPO, with sharing increased by more than 700%

Shares in Newsmax, The Cable LOWDS OFTHD Donald Trump’s Sympathy tows, with more than 700% on their first day of trading.

IPO gets a price at the last $ 10 shares last Friday, as offered $ 75 million. In February, Newsmax says it has completed the offer of personal requirements to $ 225 million.

The price explosion of Monday months, causing many stops in New York trading trading, appears to be caused by each retail and retail investor. Along the Trump Party, who bought the stock in his media company, as well as New letsmax outin Rumble, Newsmax also gains many attention.

At the end of the first independent day as a public company, Newsmax has reached more than $ 7 billion, despite profitable and bringing profits. In the regulations before IPO, Newsmax, the Newsmax incomes are total $ 60 million for nearly 6024 (more than 60% of the ads), compared to $ 2023.

IPO performance that has made the IPO trend, which became a rare thing in the marketplace with no market. The launch of Reddit one year ago is one of the last strong display by public marketing testing, but the new offer of the early 2025 is still outside.

The founder Ruddy Newsmax, his happy friend explained that “each president of the vote by Joe Biden, who won the trump. The company currently faces a series by the Dominion vote system, the same company, reached the SmartMatic stars, paying a fox.

“I think there is more competition requirements to fox,” Ruddy told CNBC on Monday. He discovered Newsmax as a digital store. In 2014, the Payment Payment A Support, its famous TV companies, which ranked 4 on the back of the fox, CNN and MSNBC, according to Nielsen.