Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.

The shares recently traded up about 9% off Wednesday's close at around $57, climbing off morning lows that saw them in the red at around $40.

Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly speculative NMAX stock.

Long a conservative media also-ran, Newsmax’s stock price has risen and fallen dramatically throughout the week.