After debuting to the public for the first time this morning, stock for the cable news firm Newsmax shot up by over 500%. Last Friday, Newsmax announced that it had successfully closed its initial ...
Shares of Newsmax continued to rise on Tuesday following a massive public debut on Monday, in which shares shot up more than 700% for the best-performing first day since 2022. Investors who bought in ...
Warren Buffett has a two-step test for determining whether or not to buy a stock. Newsmax fails the first step in the legendary investor's test. These 10 stocks could mint the next wave of ...
Newsmax remains overvalued at a $1.6B market cap, even after a dramatic share price decline from its $30B peak. Traditional media headwinds and strong competition from Fox News make sustained growth ...