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Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently worth more than $130 each.

Newsmax stock dropped as much as 20% premarket Wednesday after a massive post-IPO surge saw shares soar from $10 to $233.

By Zaheer Kachwala and Medha Singh (Reuters) -Shares of conservative news outlet Newsmax soared more than 60% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange.

Newsmax made a wild debut in the stock market. Shares of the media company surged 735% to $83.51 a share. Trading was halted multiple times during the session due to volatility. Newsmax, trading under the symbol NMAX,

The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax’s first two days of trading after debuting on the New York Stock Exchange.

Newsmax lost $55 million in the first half of last year. But its stock has surged this week as shares in the company traded on the public market for the first time.

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,

Newsmax, the conservative news outlet, saw its shares hike over 500% in early trading on its first day on the New York Stock Exchange

CoreWeave’s stock is now up more than 31% since its flat trading debut on Friday. Analysts note it has a smaller float that can make it prone to volatile swings.

CoreWeave achieved 12,000%+ revenue growth to $1.92B in 2024 with 70-80% GPU utilization.

CoreWeave went public on March 28 as the biggest tech IPO in nearly four years. Its debut was underwhelming, showing investors may be losing faith in the artificial intelligence (AI) trade. CoreWeave did manage astronomical growth,

CoreWeave’s valuation at 5x forward sales isn’t compelling when debt is mounting, and cash flow is deeply negative. Read why I'm neutral on CRWV stock.

CoreWeave (CRWV) shares jumped more than 20% on Tuesday after a tepid response to last week's initial public offering.

CoreWeave's explosive growth driven by AI contracts, robust economics, and IPO proceeds. Read here for our bullish thesis on CRWV stock.