Newsmax Shares Jump, Live Nation Falls, Calvin Klein Owner Surges
On this episode of Stock Movers: - Newsmax (NMAX) shares jump, putting the conservative media outlet’s stock on track to extend gains after it jumped 735% in its debut on Monday. Newsmax Inc.’s debut as a public company has given founder and Chief Executive Officer Christopher Ruddy a fortune of about $3.3 billion.The conservative cable news network sold $75 million of shares at $10 each in Monday’s initial public offering.- Live Nation (LYV) shares took a hit after President Donald Trump signed an executive order cracking down on ticket scalping and fees that drive up the…
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