Newsmax IPO Surges, Raises $75M
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Newsmax ratingsCNBC
•US Politics
US Politics
Conservative news channel Newsmax spikes more than 500% in first trading day on NYSE

75% Informative
Newsmax raised $75 million through the sale of 7.5 million class B common shares at a price of $ 10 a share.
The network began trading under the symbol " NMAX " late Monday morning , opening at $ 14 a share after pricing at $ 10 .
It soared more than 500% by midday in volatile trading.
The company's CEO says Newsmax is the "number four cable news channel in the United States ".
VR Score
77
Informative language
77
Neutral language
14
Article tone
formal
Language
English
Language complexity
43
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
Affiliate links
no affiliate links
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