News

The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of ...
Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Newsmax (NYSE: NMAX) has been sizzling since completing its initial public offering (IPO) this week. Shares of the ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
Shares in Newsmax, the cable TV news outlet known for its sympathetic coverage of Donald Trump, soared more than 700% on ...
Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.
Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering ...
The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, after rising as high as $265.
This week’s IPO has been a monumental ... dominated by Fox News. Newsmax CEO Chris Ruddy, who is now a billionaire on paper thanks to the stock’s explosive performance, told CNN, “Last ...
Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a ...
The company later saw a sharp correction, plunging 79% on its third day as a publicly traded stock. It has now caught the ...