The 50% increase in early-trading on Tuesday pushed Newsmax, which trades under the NMAX symbol on the New York Stock Exchange, to $126.15 per share. That surge also pushed Newsmax's valuation to ...

Newsmax's IPO surge collapses as weak financials, legal risks, and overvaluation persist. Discover why analysts label NMAX ...

Newsmax stock surged as much as 2,190% after its IPO debut, reaching $229 per share on Tuesday. The right-wing cable channel's market value exceeded $20 billion. The stock's rise may be due to the ...

An curved arrow pointing right. Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion. Why did this happen?

The stock surge, which caused trading to be halted at least 10 times, has also made its 60-year-old founder and CEO, Chris Ruddy, a billionaire. “Today marks a historic milestone for Newsmax as ...

Still, the stock surge is a windfall for Mr. Ruddy, who, with affiliates, controls 81.4 percent of the company’s voting power. How does Newsmax compare with other cable channels? Newsmax’s ...

Newsmax went public in a small IPO on ... now trades at over an $10 billion market cap. Being a meme stock, it could certainly surge again in the near term, but buying it amounts to a highly ...