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, ...

Newsmax saw its shares rise on Friday after the conservative news organization inked a multi-year deal to launch its cable ...

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.

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.

Newsmax stock surged as much as 2,190% after its IPO debut, reaching $229 per share on Tuesday. The right-wing cable channel's market value exceeded $20 billion. The stock's rise may be due to the ...

An curved arrow pointing right. Newsmax, a conservative media company, became a meme stock after its IPO skyrocketed by 2,190%, bringing its market valuation to over $20 billion. Why did this happen?

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 ...