Company Reports Revenues of $45.3 million, an 11.6% Increase Year-Over-Year, In First Earnings Report as a Public Company ...

media company Newsmax (NYSE: NMAX) saw its stock skyrocket nearly 1,800% in the first two days of trading. The shares began trading on March 31 at $14 before rising as high as $265 the next day.

Newsmax had its initial public offering on March 31, and it's been one of the market's most volatile stocks during its short trading history. Thanks in large part to meme-stock trading ...