Where Will Newsmax Stock Be in 1 Year? [Yahoo! Finance]
Newsmax, Inc. Class B (NMAX)
Company Research
Source: Yahoo! Finance
The shares have settled back down to levels near its IPO price. Newsmax has great audience numbers, but is dealing with high litigation costs. 10 stocks we like better than Newsmax › Newsmax (NYSE: NMAX) stormed onto the public markets earlier this year, with its stock soaring more than 700% out of the gate. In subsequent sessions, it surged to an intraday peak of $265 a share. Investors believed there was some kind of connection between the media company and President Donald Trump, and that resulted in it trading like a meme stock. Newsmax runs a 24/7 news channel as well as other media properties, including radio shows, podcasts, and websites. The brand caters to a politically conservative crowd and has historically provided favorable coverage of Trump. Image source: Getty Images. Recent Nielsen ratings show that Newsmax is the fourth-most popular cable news outlet in the U.S. In the first quarter of the year, Newsmax reported a record 33.6 million viewers, up 50% year
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- Hey there Trump fans. Want to buy a watch? [USA TODAY]USA TODAY
- Hey there Trump fans. Want to buy a watch? [USA TODAY]USA TODAY
- Newsmax (NYSE:NMAX) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Newsmax (NYSE:NMAX) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Newsmax (NYSE:NMAX) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat