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 $265.

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

Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently ...

Conservative new channel Newsmax's stock surged again on Tuesday after skyrocketing Monday in its first day of trading.

Newsmax goes full ‘meme stock’ as shares have surged over 2000 percent since insane IPO debut - ‘This is like the initial market reaction to DJT on steroids,’ one investment expert said about the expl ...

Conservative cable network Newsmax (NYSE:NMAX) exploded onto the public markets on Monday, closing at $83.51—up a staggering 735% from its $10 ...

With $75 million in gross proceeds from the IPO and $225 million raised from a prior private placement of preferred stock to accredited investors, Newsmax leadership has outlined plans to fuel growth.

This week’s IPO has been a monumental ... dominated by Fox News. Newsmax CEO Chris Ruddy, who is now a billionaire on paper thanks to the stock’s explosive performance, told CNN, “Last ...

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 $265.