Newsmax Stock Price Soars 722% in IPO Debut Amid Trump News Frenzy

  • Newsmax went public on Monday, raising $75 million from 7.5 million shares.
  • The stock surged 722% in its debut, valuing Newsmax at about $8 billion.
  • Newsmax’s valuation is now double that of Trump Media and a third of Fox Corp.

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