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[$265share](/topic/$265share)

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"🔥 From @EdgenTech - The saga of Newsmax ( $NMAX) captures everything about todays market dynamics the frenzy of meme-stock rallies the weight of litigation risk and the tension between growth and valuation. 🚀 From Hype to Reality Newsmaxs IPO became an instant meme phenomenon. The stock rocketed +700% intraday to $265/share as retail traders piled in framing it as the next anti-establishment media play. But that momentum proved unsustainable $NMAX now trades below $XX only marginally above its $XX IPO price. Market cap sits at $1.63B a stark contrast to its peak hype valuation. 📊 Operating"  
[X Link](https://x.com/KaiBGR/status/1973100533834785145) [@KaiBGR](/creator/x/KaiBGR) 2025-09-30T19:00Z 1331 followers, 1973 engagements