Newsmax stock has collapsed since its April IPO, and a new bombshell has dropped, placing the company at risk.

The stock soared 735% during its first day of trading Monday, the best first-day performance for a U.S. IPO since 2022. Newsmax's success comes against an uncertain backdrop for IPOs, with Nvidia ...

Warren Buffett probably knows as much about investing as any person on the planet. He's one of the most successful investors ever. Berkshire Hathaway delivered an average annual gain of 19.9% between ...

This built upon a 735% surge during its first trading session, which saw the stock halted multiple times due to volatility. Despite the recent downturn, the early performance of Newsmax’s stock has ...

Shares of Newsmax (NYSE: NMAX) are plunging on Thursday. The media company's stock lost 9% as of 3:50 p.m. ET. The steep decline comes as the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite ...

Newsmax CEO Chris Ruddy, who is now a billionaire on paper thanks to the stock’s explosive performance, told CNN, “Last election Americans voted against the media establishment and similarly ...

Newsmax (NYSE: NMAX) stock is getting hit with huge sell-offs in Monday's trading. The media company's share price was down 16.5% as of 3:30 p.m. ET. The S&P 500 was down 3.1% at the same point in ...

Newsmax stock plunged 77% to $52.71 on Wednesday. Before it cratered, the stock rallied a blistering 2,550% in the two days since it went public. Newsmax's low share float heightens volatility ...

Newsmax announced today that the Securities and Exchange Commission (SEC) has approved its filing that will allow certain investors to sell their stock, leading to significant dilution.