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At its peak, Newsmax's market cap reached $29 billion, or nearly 170 times the $171 million in revenue it generated in 2024.
Shares of Newsmax (NYSE: NMAX) are plunging on Thursday. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq ...
Newsmax stock sank today amid wider sell-offs for "Trump trade" stocks. An intensifying schism between President Trump and ...
Newsmax saw its stock skyrocket nearly 1,800% in the first two days following its recent initial public offering (IPO), before falling roughly 90% over the next week. The conservative media ...
Newsmax's stock went on a wild ride after its initial public offering (IPO) on March 31, 2025. It went public at $10, started trading at $14, and ended its first day at $83.51. That's a stunning ...
Newsmax (NYSE: NMAX) plummeted by more than 11% on Tuesday and is now nearly 70% lower than its initial public offering closing ... see Why Buy Microsoft Stock? Newsmax’s initial earnings ...
after it went public by merging with a special purpose acquisition company (SPAC) last year. But just like Trump Media, Newsmax's stock quickly lost its luster as its initial investors cashed out.