Newsmax Shares Surge 150% After Volatile IPO—As Market Cap Doubles
1. Newsmax shares surged 151%, raising market cap to over $27.4 billion. 2. Trading halted multiple times due to volatility during the stock's rise. 3. Investor interest suggests growth in conservative media consumption. 4. Newsmax's market cap surpasses major media companies like NYT and CBS. 5. Upcoming jury trial may impact Newsmax's financial health significantly.