Newsmax Stock Plunges 77% After Record $2.55 Billion Two-Day Rally

On April 3, 2025, Newsmax (NMAX) experienced a significant trading volume of $627 million, marking a 37.74% decrease from the previous day. Despite this, the stock price surged by 18.28%, indicating a volatile market response.

Newsmax's stock price plummeted by 77% on Wednesday, following an intense post-IPO rally. The company's low share float contributed to the stock's heightened volatility, leading to dramatic price swings.

Newsmax's stock price crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in its first two days of trading, highlighting the extreme volatility and speculative interest in the company.

Newsmax's stock plunged 77% to $52.71 on Wednesday after a 2,550% rally in two days following its IPO. The company priced its IPO at $10 per share, and the subsequent surge in share price was driven by intense investor interest and speculation.

Newsmax's stock experienced significant volatility on Wednesday, with shares falling as much as 24% before rebounding. As of 1:50 p.m. ET, the stock traded about 23% higher, reflecting the erratic nature of the market's response to the company's IPO.

Newsmax's stock dropped roughly 77% on Wednesday, partially reversing a massive post-IPO surge that saw shares soar from $14 to $233. The stock's extreme volatility and dramatic price swings underscored the speculative nature of the market's interest in the company.