Newsmax Inc. shares shed more than three-quarters of their value on Wednesday after a raucous two-day surge fueled in part by retail traders briefly made it larger than Fox Corp.
The stock slumped 7… [+293 chars]
Newsmax’s Value Cut in Half After 2,230% Surge Loses Momentum - Bloomberg.com
Newsmax Inc. shares shed more than three-quarters of their value on Wednesday after a raucous two-day surge fueled in part by retail traders briefly made it larger than Fox Corp.
By:Bailey Lipschultz
Source:Bloomberg
Published:
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