Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded nearly 8% higher today as of 12:23 p.m. ET today. This morning, the company announced a standby equity purchase agreement (SEPA) of $1.2 ...
Newsmax settled a defamation lawsuit filed by Smartmatic in September for $40 million, which stemmed from claims that Smartmatic rigged the 2020 election. The settlement is payable over time and also ...
Newsmax stock price crashed 77% on Wednesday after a wild post-IPO rally. Its low share float heightens the stock's ...
Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly ...
And the company faces a big legal challenge around the corner. Newsmax was motivated to raise money through an IPO partly due to the defamation lawsuits against the channel stemming from the 2020 ...