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That surge also pushed Newsmax's valuation to $11.2 billion — making the company worth more than the New York Times, which has a market cap of $8.1 billion. Shares of Newsmax started trading for ...
The market shift increased Newsmax’s market cap to $30.3 billion from $10.7 billion on Monday, a valuation that surpasses Fox’s market cap of about $23.4 billion as shares for the company ...
The spike has made the company’s largest holders exceptionally rich — on paper. Founder Christopher Ruddy owns nearly one-third of the company’s shares.
Newsmax stock stabilizes at $23 post-IPO surge. Strong 2024 revenue growth from subscriptions and fees highlights potential, ...
Shares of the conservative cable news channel Newsmax have skyrocketed more than 2,000 percent in the two days since it began trading in New York, pushing the firm's market value above $26 billion.
That's a sky-high valuation for a company that only generated ... Supply and demand are big factors driving the epic surge in Newsmax's stock price. The company only sold 7.5 million shares ...
Shares of conservative news outlet Newsmax skyrocketed in the company’s first day of trading on the New York Stock Exchange Monday after a $75 million initial public offering.
BOCA RATON, FL / ACCESS Newswire / April 10, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that a new Nielsen ratings report shows the Newsmax Sees "Big Surge" in Q1 ...
the stock is down 90% from its valuation peak, even after today's surge. As a newly public company, there remains a lot of uncertainty about what the future holds for the business. Newsmax was ...
Newsmax saw its shares rise on Friday after the conservative news organization inked a multi-year deal to launch its cable ...
BOCA RATON, FL / ACCESS Newswire / May 2, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that the Company's ratings continue to surge for April 2025, according to Nielsen ...