Conservative News Outlet Newsmax Inc. Sees Shares Hike Over 500% in Debut

Shares of Newsmax, the newly public conservative-news outlet, soared initially in its first day of trading. The company, which recently announced the completion of an initial public offering under Regulation A+, which pertains to small-cap companies, saw its stock price hike significantly, rising $51 per share in earlier trading, or $510%. Its Class B common […]

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