Newsmax celebrated the launch of its IPO by ringing the opening bell at the New York Stock Exchange on Thursday. The network’s founder and CEO Chris Ruddy was joined by other Newsmax talent and staffers to mark the start of the trading day.

Newsmax hosts, frequent guests, and the company’s CEO rang the opening bell on Wall Street Thursday just minutes before stocks plunged amid fears of the potential impacts of President Donald Trump’s new tariff policies.

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

Newsmax Media CEO Chris Ruddy joins "Squawk Box' to discuss the company's public debut on Wall Street today, state of digital news media, competition against FOX News, growth outlook, and more. JOE KERNEN,

Newsmax, the conservative cable news network, saw its stock soar over 500% on its first trading day, fueled by a surge in conservative viewership following Donald Trump's election. The network, now the fourth-largest cable news channel in the U.

Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO success.

they value us and they want us to keep growing," Newsmax CEO Christopher Ruddy told CNBC. "We're going out with a market cap of $1.2 [billion]. But we don't see ourselves as a value stock.

Long a conservative media also-ran, Newsmax’s stock price has risen and fallen dramatically throughout the week.

Shares of Newsmax started trading for $14 per share on Monday morning — above its $10 IPO price — and quickly ... Newsmax was founded by CEO Chris Ruddy in 1998 and is based in Boca Raton ...