Given Newsmax’s small size, weak TV ratings and history of unprofitability – it lost $72 million in 2024 – some industry onlookers were skeptical the IPO plan would work.

Newsmax and Trump Media benefited from President Donald Trump’s popularity. Newsmax saw its audience and revenue increase ...

Newsmax (NYSE: NMAX) stock is posting big gains in Monday's trading. Newsmax is rocketing higher today following the ...

Newsmax Inc.'s (NYSE: NMAX) opening week on the New York Stock Exchange delivered a masterclass in market volatility, leaving investors breathless and analysts scrambling for comparisons. 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 debuted on the New York Stock Exchange on Monday and surged over 700% during its first day of trading, leading to a dozen trading halts following its initial public offering, as its market ...

Given Newsmax’s small size, weak TV ratings and history of unprofitability – it lost $72 million in 2024 – some industry onlookers were skeptical the IPO plan would work.

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.

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.

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 ...