A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the firm won the deal.

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

Trading of Company’s Class B Common Stock to Begin Monday on NYSE Under Symbol “NMAX” Newsmax Inc. (“Newsmax ... is a next generation investment bank with a focus on technology and ...

--(BUSINESS WIRE)--Newsmax Inc. (“Newsmax” or the ... is a next generation investment bank with a focus on technology and innovation utilizing The Jumpstart Our Business Startups Act ...

Is Newsmax overvalued? I don't give investment advice, but I could give lots of reasons that investors should be wary.

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 stock: Shares had roughly doubled today at 1:13 p.m. ET.

Conservative media outlet Newsmax Inc. is having a meme-stock moment, with shares surging 1,160% since its debut as a public company on Monday.

Newsmax Inc. shares more than tripled in their debut trading session after a $75 million initial public offering brought the conservative media outlet onto the New York Stock Exchange.