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Financial losses and legal issues make Newsmax a risky investment.
Newsmax (NYSE: NMAX), the conservative media company that promotes itself as an alternative to Fox (NASDAQ: FOX) News and ...
Newsmax (NYSE: NMAX) stock is getting hit with huge sell-offs in Monday's trading. The media company's share price was down 16.5% as of 3:30 p.m. ET. Newsmax's valuation is falling rapidly in the ...
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.
Newsmax's negative news overshadowed some positive developments during the month. Newsmax (NYSE: NMAX), the media stock that rocketed higher in early April just after it landed on the stock ...
The MAGA cable channel Newsmax was briefly worth $30 billion this week before its share prices tumbled by 80 percent three days after its market debut. The company briefly had a market cap of $30 ...
Media Newsmax issues sweeping ‘clarification’ debunking its own coverage of election misinformation. Online and on the air, the network said it ‘would like to clarify its news coverage and ...
Republican representative Eric Burlison compares the dropping of Newsmax from cable TV to the Holocaust on January 31, 2023, and, inset, an image of the Newsmax logo.
Newsmax (NYSE: NMAX) stock closed out Tuesday's trading with big gains. The company's share price was up 9.3% at the end of the day and had been up as much as 13.4% earlier in the session.
That day-one bump gave Newsmax an enterprise value roughly in line with that of Fox Corporation, which owns the long-standing conservative network Fox News. Yet Fox generated $14bn of revenue in ...