Down More Than 90% From Its All-Time High, Is Newsmax Stock a Buy on the Dip or an Investment to Steer Clear of?

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  Posted by Two Blokes Jun 13 - Filed in Stock - 4 views
  
  Newsmax (NMAX -3.87%) has only been a public company for about three months, but the conservative media outlet caught public attention at its initial public offering (IPO), surging from its IPO price of $10 to $233 within a few days, then began a precipitous drop back. It's now trading around 94% below its high, in the neighborhood of $14 to $15.