Newsmax stock sank today amid wider sell-offs for "Trump trade" stocks. An intensifying schism between President Trump and ...

At its peak, Newsmax's market cap reached $29 billion, or nearly 170 times the $171 million in revenue it generated in 2024.

And the company faces a big legal challenge around the corner. Newsmax was motivated to raise money through an IPO partly due to the defamation lawsuits against the channel stemming from the 2020 ...

Christopher Ruddy, the founder and CEO of Newsmax, expressed his enthusiasm for the successful IPO. “This incredibly ... has faced criticism and legal challenges for promoting conspiracy theories.

Newsmax faces profitability challenges, litigation costs ... investors should avoid this highly speculative stock. After the IPO, NMAX has about 128.4 million shares outstanding.

After starting with an IPO price of just $10 per share ... Image source: Getty Images. That said, Newsmax isn't taking this challenge lying down. Like its rivals, the company has built a channel ...

Newsmax stock surged unrealistically post-IPO, but now trades at a more reasonable $23. Affiliate fees and digital subscriptions both saw sharp increases in 2024, suggesting the potential for ...