Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022 ...
Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly ...
Class B shares of the right-leaning media outlet Newsmax ( NMAX 159.68%) have blasted more than 1,123% higher since its initial public offering on March 31. The stock appears to be trading like a meme ...
March 28, 2025--Newsmax Inc. ("Newsmax" or the "Company ... million through the sale of 7.5 million shares of Class B Common Stock at a public offering price of $10.00 per share.
The company has offices in Boca Raton, New York and Washington, D.C. STORY HIGHLIGHTS Newsmax raised $225 million in a private stock offering. Newsmax plans to go public later this year.
The Company is now seeking to raise up to $75 million with a planned March 31, 2025 listing on the New York Stock Exchange (NYSE) under the ticker symbol "NMAX", subject to NYSE approval. Newsmax ...
Shares of Newsmax skyrocketed again on Tuesday, as trading in the conservative news outlet’s stock was halted again for volatility multiple times throughout the day, more than doubling the company’s ...