Newsmax Shares Rally in NYSE Debut; Trading Halted on Volatility
MT Newswires Live
Mar 31, 2025
Newsmax (NMAX) shares were surging Monday in their debut on the New York Stock Exchange after the company sold 7.5 million Class B shares at $10.00 per share.
The shares were up more than 500% at $66.67 in recent trading after opening at $14.00. Trading in the shares was halted at least seven times due to volatility.
Digital Offering acted as the lead selling agent for the offering.
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