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Newsmax, IPO and Stock

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The Washington Post |
Since it launched in 2014, the conservative cable network Newsmax has struggled to take viewers away from Fox News, the faraway leader in the sector, even as it has occasionally experienced periods of...
Seattle Times |
The Boca Raton, Fla., outlet’s stock price surged after its initial public offering Monday.
NBC New York |
At one point, the rally gave the company a market capitalization of nearly $30 billion — surpassing the market cap of legacy media companies like Warner Bros. Discovery and Fox Corp.

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After a wild stock market debut, Newsmax hopes to gain some steam
Long a conservative media also-ran, Newsmax’s stock price has risen and fallen dramatically throughout the week.
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 explosive Newsmax rally
Newsmax Stock (NMAX) Crashes over 77% as Post-IPO Surge Fizzles Out
Conservative news network Newsmax (NMAX) crashed 77.5% on Wednesday, cutting short its explosive post-IPO run. The stock had soared 2,230% in
Trump-backing cable network Newsmax a hot stock on Wall Street
Conservative cable news channel Newsmax is getting a Trump bump on Wall Street. The Boca Raton, Florida, outlet's stock price surged after its initial public offering Monday. Shares offered at $10 closed at $233 a share Tuesday afternoon,
Newsmax Inc. trading resumes
Inc. trading resumesDon't Miss Our End of Quarter Offers: Discover the latest stocks recommended by top Wall Street
Warning: 3 Reasons to Be Cautious About Newsmax Stock After Its Epic Post-IPO Surge
Newsmax isn't profitable and is burning through cash. The company trades at a sky-high valuation. A surge of new shares is coming. If you're like most investors, you want a piece of that price action.
Conservative cable channel Newsmax shares plunge more than 70% after a dizzying 2-day surge
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.
Newsmax Shares Fall Ahead of Third Trading Day
Shares of Newsmax dropped ahead of their third trading day after surging in their debut. The stock was down 23% at $179 in premarket trading. Shares debuted with an initial public offering price of $10 each and soared in their first two days on the market,
Newsmax stock takes dip from over 2,000% post-IPO rally
The IPO rally became the largest in the history of the NYSE, propelling the media company's owner to multi-billionaire status.
Why Was Newsmax, the Right-Wing Channel, Suddenly Worth More Than U.S. Steel?
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on the public market for the first time.
Newsmax shares plunge nearly 80 percent after wild ‘meme stock’ ride briefly valued it higher than Fox
Newsmax shares plunge nearly 80 percent after wild ‘meme stock’ ride briefly valued it higher than Fox - A day after the MAGA channel’s stock price surged to $233, Newsmax shares plummeted 77.5 percent to $52.
Shares of conservative cable channel Newsmax soar another 179% after massive debut
Newsmax shares soared for a second day after their public debut, as the conservative news channel gains traction during President Donald Trump's second term.
AOL2d
Newsmax is worth $16 billion? Here's what's going on.
Let's compare that to some other media companies' market caps: Fox Corp., which owns Newsmax competitor Fox ... $4.4 billion — still a quite handsome valuation for a company that won't even ...
Newsmax: Beware A 'Meme' Stock Dislocated From Fundamentals
Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly speculative NMAX stock.
NBC Connecticut2d
Shares of conservative cable channel Newsmax soar another 40% after massive debut
Still, its viewership pales in comparison to the dominant conservative channel Fox. Between Dec. 30 and March 20, Newsmax had an average of 309,000 primetime viewers and 211,000 daytime viewers ...
NBC Washington2d
Shares of conservative cable channel Newsmax soar another 100% after massive debut
The stock surge in volatile trading put the company at a valuation ... pales in comparison to the dominant conservative channel Fox. Between Dec. 30 and March 20, Newsmax had an average of 309,000 ...
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