1 Reason Why I Can't Bring Myself to Touch Newsmax Stock With a 10-Foot Pole [Yahoo! Finance]
Newsmax, Inc. Class B (NMAX)
Company Research
Source: Yahoo! Finance
Even at current price levels, shares remain overvalued. This points to further downside ahead, if profitability and growth issues persist. Unless Newsmax tries to capitalize on its rich valuation, such as using it as a means to make stock-based acquisitions, irrespective one's politics, I would stick to the sidelines with this stock. 10 stocks we like better than Newsmax › Unless you are a Washington insider, mixing politics and investing seems like a recipe for disaster. Primarily, this is because it appears that politics and market psychology often skew valuation in many of these stocks. Newsmax (NYSE: NMAX) is a great example of this phenomenon in action. Newsmax became one of the meme stocks after its initial public offering (IPO) and soared to prices that failed to correspond with the company's underlying value. Even as this meme wave has come and gone, and shares now trade below their initial price, valuation remains skewed. Unless the company starts using this rich v
Show less
Read more
Impact Snapshot
Event Time:
NMAX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NMAX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NMAX alerts
High impacting Newsmax, Inc. Class B news events
Weekly update
A roundup of the hottest topics
NMAX
News
- Trump's Truth Social Parent Corp. Announces Multibillion Dollar Deal to Merge With Nuclear Fusion Company [Yahoo! Finance]Yahoo! Finance
- Newsmax Renews YouTube TV Carriage Agreement in Multi-Year Deal [Yahoo! Finance]Yahoo! Finance
- Hey there Trump fans. Want to buy a watch? [USA TODAY]USA TODAY
- Hey there Trump fans. Want to buy a watch? [USA TODAY]USA TODAY
- Newsmax (NYSE:NMAX) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat