Newsmax went public this week, and the low volume of shares available to trade has exacerbated the impact of high demand, sending the stock soaring.

Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than many of its media peers, including Trump Media and even Fox Corp. Retail investors have rushed into Newsmax on tailwinds of President Donald Trump's return to the White House.

Newsmax Inc.'s 17x surge defies fundamentals and faces profitability challenges. Here's why experts urge caution on highly speculative NMAX stock.

Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.

The rise follows conservative media company Newsmax's Monday public debut, which was the best-performing first day since 2022.

Newsmax's (NMAX) stock skyrocketed an incredible 735% following its initial public offering (IPO), with founder Christopher Ruddy's stake now worth $8.4 billion. Market Domination Overtime host ...

The company has offices in Boca Raton, New York and Washington, D.C. STORY HIGHLIGHTS Newsmax raised $225 million in a private stock offering. Newsmax plans to go public later this year.