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 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 ...

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

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.

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.

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 ...