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Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock.
Loeffler appeared on Newsmax at least five times in a two-month span ... U.S. Office of Government Ethics—who reviewed all of her financial holdings, including Newsmax, prior to finalizing ...
Newsmax ( NMAX -1.97%) stock saw another surge of selling action over the past week of trading trading. The company's share price ended the week's trading down 26% from the previous week's market ...
More pressing for investors is the need to reconcile Newsmax's lofty valuation. With a current $1.7 billion market ...
Shares of Newsmax ( NMAX -12.03%) are plunging on Thursday. The media company's stock lost 9% as of 3:50 p.m. ET. The steep ...
Newmax's IPO raised $75 million by selling 7.5 million shares at $10. However, most investors weren't able to purchase shares ...
At its peak, Newsmax's market cap reached $29 billion, or nearly 170 times the $171 million in revenue it generated in 2024. That meme stock valuation was unsustainable, and Newsmax's price withered ...