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Exclusive: Kelly Loeffler, a Trump Cabinet appointee who regularly appears on Newsmax, has quiet financial ties to its parent company
Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock.
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Newsmax Stock Craters Nearly 50% After Sizzling IPO—But Valuation Still Tops New York Times, Other Media Peers
As such, Newsmax’s valuation remains far loftier than the typical stock’s compared to the company’s financial performance ... enjoys a more than 22 times premium compared to the average ...