Newsmax listing turns media boss and Donald Trump ally Chris Ruddy into billionaire

Newsmax Rings the NYSE Opening Bell to Launch Its IPO

At its peak, Newsmax’s market capitalization reached nearly $30 billion.

Newsmax Scores on the Stock Exchange - The American Spectator | USA News and Politics

The prompting for this column was the invitation to be present on the floor of the New York Stock Exchange on Thursday as Newsmax, the conservative cable TV network created by longtime journalist Christopher Ruddy, became listed on the New York Stock Exchange.

Newsmax CEO Rings NYSE Opening Bell

Ruddy told “The Record With Greta Van Susteren” on Tuesday that he is not paying as much attention on the stock price as he is on efforts of building the company.

Newsmax, the cable television network that repeated in 2020, among others, Donald Trump’s electoral fraud bulls, went to the Stock Exchange on Monday and fired more than 2,000 percent in two sessions. In its debut, the price per share was set at $10 and on Tuesday it reached a maximum of $265. But it has corrected at this Wednesday’s session, leaving each title at $49. The value—which already American media refer to as stock meme, that is, pure …

Cable Network Newsmax Soars Into Meme Stock Territory As Right-Wingers Scramble To Scam Their Peers - Above the Law

If you are not familiar with Newsmax, the gist is that it is a cable television network for people who think Fox News is too liberal. On Monday, Newsmax had its initial public offering. Because we live in hell, the share price soared by more than 1,500% in its first two days of trading. From its opening at $14 per share, by market close on Tuesday intrepid investors were shelling out $233 for a single share of Newsmax stock. This brought Newsmax…

What's behind the enormous pop in shares of media meme stock Newsmax

Bob Pisani breaks down what's really going on with the new meme stock.