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 ...

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 ...

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 ...

Weak Financials, Lofty Valuation. Newsmax’s initial earnings report as a publicly-traded entity presents a mixed snapshot. In Q1 2025 (ending March), the firm reported $45.3 million in revenue ...

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 ...

Investors in Newsmax (NMAX-1.08%) have quickly learned why initial public offerings (IPOs) ... More pressing for investors is the need to reconcile Newsmax's lofty valuation.

Summary. Newsmax Inc. shares have surged 17x since its recent IPO, driven by a limited float and meme stock dynamics, not fundamentals. NMAX's $22 billion market cap is unjustifiable compared to ...

Newsmax has found no evidence that Dr. Coomer interfered with Dominion voting machines or voting software in any way, nor that Dr. Coomer ever claimed to have done so," the statement reads.

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 stock dropped nearly 80% Wednesday after a massive post-IPO surge saw shares soar from $10 to $233. ... just a fraction of its roughly $21 billion value at Tuesday's close.