Financial losses and legal issues make Newsmax a risky investment.

On valuation, Newsmax is incredibly expensive, trading with a $2.86 billion market cap, as I write this, while still unprofitable. That values the company at about 17 times 2024 sales.

Newsmax (NYSE: NMAX), the conservative media company that promotes itself as an alternative to Fox (NASDAQ: FOX) News and ...

Shares of Newsmax tanked as much as 50% to below $120 by late morning Wednesday before recovering slightly to a 45% loss, shedding more than $10 billion in value as its market capitalization ...

At Newsmax's stock price late Tuesday, investors were telling one another that the company was worth $15.8 billion. Let's compare that with some other media companies' market caps: ...

Newsmax (NMAX 1.87%) stock is seeing another round of significant gains Tuesday. The company's share price was up 9.5% as of 12:45 p.m. ET and had been up as much as 19.1% earlier in the day ...

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 ...

The stock's spiral sent Newsmax's market cap down to $4.7 billion, just a fraction of its roughly $21 billion value at Tuesday's close. Shares ended Wednesday's trading session at $52.71.

The massive haul made Newsmax founder and CEO Christopher Ruddy an overnight billionaire. “Ruddy’s 39.2 million class A shares, owned through a revocable trust, have 10 votes each, giving him ...

Newsmax Inc. (NYSE: NMAX) shares are ripping higher again on Tuesday as the stock continues to gain momentum following its explosive IPO debut.