Should You Buy Newsmax Stock?
The overall stock market has been turbulent this year. However, that volatility pales in comparison to the roller-coaster ride Newsmax (NYSE: NMAX) has given investors.The parent company of conservative TV news network Newsmax Broadcasting conducted its initial public offering (IPO) on March 31, 2025. Newsmax's share price immediately skyrocketed 179% but quickly gave up all those gains. Today, the stock is down around 40% year to date and roughly 80% below its peak.Newsmax has proven the axiom that what goes up can come down. But what goes down can sometimes go up, too. Should you buy Newsmax stock?Continue reading
The overall stock market has been turbulent this year. However, that volatility pales in comparison to the roller-coaster ride Newsmax (NYSE: NMAX) has given investors.
The parent company of conservative TV news network Newsmax Broadcasting conducted its initial public offering (IPO) on March 31, 2025. Newsmax's share price immediately skyrocketed 179% but quickly gave up all those gains. Today, the stock is down around 40% year to date and roughly 80% below its peak.
Newsmax has proven the axiom that what goes up can come down. But what goes down can sometimes go up, too. Should you buy Newsmax stock?
