Conservative news channel Newsmax spikes more than 500% in first trading day on NYSE
Newsmax went public on the New York Stock Exchange on Monday, as the conservative cable news network audience has grown after the election of President Donald Trump and other right-wing politicians. The network began trading under the symbol "NMAX" late Monday morning, opening at 10 a share. It soared more than 500% by midday in volatile trading. Fox News and Newsmax television studios are seen in the Fiserv Forum on the day before the Republican National Convention (RNC) on Ju ...