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17don MSNOpinion
Is Newsmax overvalued? I don't give investment advice, but I could give lots of reasons that investors should be wary.
Newsmax lost $55 million in the first half of last year. But its stock surged this week as shares in the company traded on ...
Newsmax is now more valuable than Fox Corp. as shares of the right-wing media company skyrocketed again on Tuesday, a market shift that nearly tripled the company’s market cap after a massive debut ...
Now investors powerfully are buying Newsmax shares because they like us, they value us and they want us to keep growing ... Still, its viewership pales in comparison to the dominant conservative ...
Newsmax Inc. surged 1,800% in two days, reaching a $30 billion valuation, surpassing Fox Corporation ... FNC's audience and very little revenue by comparison. April Fool's joke?
Newsmax stock skyrocketed on its first day of trading, and it managed to climb as high as $265 per share, thanks to gains in the next daily session. But the rally appears to have been largely powered ...
However, that volatility pales in comparison to the roller-coaster ... My biggest hesitation about buying Newsmax stock, though, is its valuation. Even after the steep sell-off, the company's ...
For comparison’s sake ... “With about one-tenth the ratings of FNC, one could argue for a value of [some] $2B for Newsmax, or about $16 a share,” investment site Seeking Alpha noted.
For comparison, Fox Corporation (FOX ... creating more float to meet this demand. Plus, at this valuation, once able to, Newsmax should do a secondary offering. Issuing stock anywhere near ...
Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the conservative news network rocketed over 700% the day it went public, rising from its ...
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 (NYSE ... That's a sky-high valuation for a company that only generated $170 million in revenue last year. For comparison, Warner Bros. Discovery produced nearly $40 billion in revenue ...
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