Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the ...
Shares of conservative media outlet Newsmax (NYSE: NMAX) traded nearly 8% higher today as of 12:23 p.m. ET today. This ...
Analysts tell TheWrap that media companies that do not have the passionate following of Newsmax won't enjoy the same IPO ...
Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
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 ...
Newsmax (NMAX) has made a dramatic debut on the stock market, with its stock soaring more than 120% on Tuesday morning. This ...
Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly ...
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 ...
Still, the TMT IPO market, even after factoring in Newsmax’s soaring debut on the ... in annual sales this year to $103 billion. Another challenge to this point has been the uncertain nature ...