Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge

Why did Apple lose $250B market value? What triggered the big tech stock crash? Why did bank stocks fall after tariffs? How will auto tariffs affect US manufacturers? Why do small-cap stocks hit bear market? How did OPEC+ hikes affect oil prices? What impact will Trump's tariffs have on labor? How are reciprocal tariffs reshaping global trade? What drove the S&P 500’s steep drop today?

Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge

cnbc.com/2025/04/02/conservative-cable-channel-newsmax-shares-plunge-more-than-70percent-after-a-dizzying-2-day-surge.html

The stock tumbled a whopping 72% Wednesday, following a 2,230% surge in Newsmax's first two days of trading after debuting on the New York Stock Exchange.

This story appeared on cnbc.com, 2025-04-02 18:57:29.