Newsmax, Dominion Voting Systems and Delaware
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Barchart on MSNNewsmax Grew Its Audience 50% in Q1. Should You Buy, Sell, or Hold NMAX Stock Here?With a market cap of $3.1 billion, Newsmax (NMAX) is a television broadcaster and a multiplatform content publisher. It operates in two segments: broadcasting and digital. Newsmax went public on March 31 and rose 700% in its trading debut.
We recently published a list of 10 Stocks Fall Behind Amid Market Optimism. In this article, we are going to take a look at where Newsmax Inc. (NYSE:NMAX) stands against other stocks that fall behind amid market optimism.
Newsmax (NYSE: NMAX) got hit with another day of steep sell-offs Thursday amid macroeconomic turbulence and an unfavorable court ruling. The company's share price ended the daily session down 26.8%. Newsmax's valuation also faced negative pressure from a court ruling that the company had published defamatory statements against Dominion Voting Systems.
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX."
Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a private offering to sell up to $225 million of convertible preferred stock. The IPO raised another $75 million in cash to help fund Newsmax's operations and growth.
Newsmax (NMAX) announced that a new Nielsen ratings report shows the Company is rising across all dayparts with audience growth and almost
9don MSN
The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022.
BOCA RATON, FL / ACCESS Newswire / April 7, 2025 /Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that it has entered into a standby equity purchase agreement ("Purchase ...
BOCA RATON, FL / ACCESS Newswire / April 10, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced
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Stocktwits on MSNPro-Trump Newsmax Recovers From Tariff Sell-Off After Q1 Audience Jumps 50% YoY: Retail Is On Wait-And-Watch ModeNewly listed Newsmax, Inc. (NMAX) stock rallied nearly 5% on Monday despite the broader market ending a volatile session modestly lower. Boca Raton, Florida-based Newsmax, which functions as a television broadcaster and multi-platform content publisher,