Newsmax stock surges
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BBC |
The share price surge has made Newsmax's founder and chief executive Christopher Ruddy one of the richest people in the US, with a net worth of more than $9bn, according to the Bloomberg Billionaires...
Wall Street Journal |
Shares of the media company surged 570% by midday Monday to $67 a share.
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Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”
The Dow fell, while the S&P 500 and Nasdaq gained Tuesday as the stock market braced for so-called Liberation Day and Trump tariffs.
There is some reason for optimism, but the risk of bad news coming also exists. Some of the latter is already priced into the stock, though. Tesla shares have plunged by about 32% year to date. That's after the stock jumped 6.2% as of 11:55 a.m. ET today.
Asian shares are mostly falling, shaken by jitters over what President Donald Trump will announce about tariffs on his “Liberation Day” later in the global day
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Zacks Investment Research on MSNStock Market News For Apr 2, 2025Wall Street closed mixed on Tuesday to finish the first trading day of second-quarter 2025 after a choppy session. Market participants remained concerned of Trump’s tariffs, higher inflation rate and fear of a near-term recession.
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