Newsmax ( NMAX -8.46%) stock posted big gains in this shortened week of trading. At the closing bell this past Thursday, the company's share price was up 11.6% from the previous week's market close.

Retail traders on Stocktwits were buzzing, with some skeptical that the huge gains could continue. Newsmax saw its market cap soar to $20 billion Tuesday.

Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut - ‘This is like the initial market reaction to DJT on steroids,’ one investment expert said about the expl ...

Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than ...

Newsmax, founded as a digital brand in 1998 ... This is far removed from typical industry metrics, further reinforcing the "meme stock" characterization, where market sentiment and momentum ...

Newsmax stock dropped 24% early Wednesday after a blistering 2,550% post-IPO rally. The stock's volatility mirrors meme-stock trends driven by retail investor interest. Newsmax's low share float ...

Newsmax, founded as a digital brand in 1998 ... This is far removed from typical industry metrics, further reinforcing the "meme stock" characterization, where market sentiment and momentum ...

Newsmax sold 7.5 million shares in its IPO and the company quickly reached meme stock status. About 11 million shares changed hands on Tuesday. "There's not a lot of stock to trade in the market ...