Newsmax stock price crashed 77% on Wednesday after a wild post-IPO rally. Its low share float heightens the stock's volatility.

IPO activity post-pandemic has fluctuated significantly ... tune in through traditional cable and satellite providers, its social media platforms, or simply its website. Shares have been scorching ...

Newsmax (NMAX) stock dropped just over 77% Wednesday, forfeiting a large chunk of its massive post-IPO surge that saw shares ... on Bluesky @laurabratton.bsky.social. Email her at laura.bratton@ ...

Additionally, Digital World Acquisition Corp., the blank-check firm behind President Donald Trump's Trump Media & Technology Co. (Nasdaq: DJT), saw a 508% post-IPO gain in 2021. It priced at $10 ...

as well as National Investment and Infrastructure Fund Limited (NIIF) and Tiger Global Management’s Internet Fund III, plan to offload their stakes in the IPO, according to the draft prospectus.

"Given that it's got a small float, I think that makes it susceptible to these big moves and has that meme stock characteristic," Paul Hickey, a cofounder of Bespoke Investment Group, told ...