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Wajeeh Khan

Newsmax Stock Soared 700% in Its IPO Thanks to Trump Link. Should You Buy the New NMAX Stock Now?

Newsmax Nmax Chris Ruddy United States

Investors are glued to Newsmax (NMAX) after shares of the conservative cable TV network rallied an extraordinary 1,00% since their New York Stock Exchange debut on Monday, March 31. 

The unusual interest in the media outlet’s listing may have been related to its favorable coverage of President Donald Trump and his frequent appearances on Newsmax broadcasts. 

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