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

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. Key Facts Newsmax, the outlet known for its right-wing…
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