US_ BREAKING_ Newsmax Stock Skyrockets Over 700% Following IPO—Causing Multiple Trading Halts

NEWSMAX

BREAKING

Newsmax Stock Skyrockets Over 700% Following IPO—Causing Multiple Trading Halts

Antonio Pequeño IV Forbes Staff
Pequeño is a breaking news reporter who covers tech and more.

Mar 31, 2025,03:53pm EDT
Updated Mar 31, 2025, 04:22pm EDT


TOPLINE Newsmax debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market cap surged to more than $7.3 billion.

Newsmax began trading Monday on the NYSE. (AP Photo/Seth Wenig) Copyright 2025 The Associated Press. All rights reserved.

KEY FACTS

READ MORE: https://www.forbes.com/sites/antoniopequenoiv/2025/03/31/newsmax-stock-skyrockets-over-700-following-ipo-causing-multiple-trading-halts/

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