Newsmax (NMAX 3.75%), the conservative media company that promotes itself as an alternative to Fox (FOX 1.05%) News and other ...

Newsmax has a history of producing losses, however. Last year, the company lost $72.2 million compared to losses of $30.4 million and $41.8 million in 2022 and 2023, respectively.

The buying action is helping to push Newsmax's valuation higher. Even with today's rally, the stock is down roughly 32% over the last month and 93.5% from its lifetime high.

Since then, Newsmax has gradually declined, closing at $18.09 a share on June 4, though that's still up more than 80% from its IPO price. However, Newsmax shareholders did get some good news recently.

Newsmax saw its stock skyrocket nearly 1,800% in the first two days following its recent initial public offering (IPO), before falling roughly 90% over the next week. The conservative media ...

The conservative-leaning media outlet went public on March 31 at an IPO price of $10 per share, skyrocketing 2,550% to a high of $265 by the next day. Those gains proved short-lived as the stock ...

Newsmax Inc. holds IPO at the NYSE in New York (Reuters) -Trump Media & Technology Group launched its TV streaming platform, Truth+, globally on Monday, featuring the cable channel Newsmax to ...

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