Because its business is consuming cash, Newsmax had to raise capital from investors. While awaiting its IPO, it launched a ...
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 ...
Is Newsmax overvalued? I don't give investment advice, but I could give lots of reasons that investors should be wary.
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's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares ...
A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the ...
Investors are glued to Newsmax (NMAX) after shares of the conservative cable TV network rallied an extraordinary 1,00% since ...
Newsmax stock soared 1,236%, but overvaluation, net losses, and litigation risks make it a high-risk investment. Click here ...
Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.
This is like the initial market reaction to DJT on steroids,’ one investment expert said about the explosive Newsmax rally ...
Despite strong revenue growth and no debt, Newsmax's cash burn and operating losses pose some short-term financial risks.
In September 2024, Newsmax filed for its IPO with the SEC identifying early 2025 as the company’s window for pricing. On ...