Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares of Newsmax plummeted 77%.

The MAGA cable channel Newsmax was briefly worth $30 billion this week before its share prices tumbled by 80 percent three days after its market debut. The company briefly had a market cap of $30 billion,

Hoping to replicate, if not challenge, Fox Corporation, Newsmax went public this week. The Trump-friendly cable TV network raised $75mn. On Tuesday, its shares surged from its listing price of $10 to $233, implying a market capitalisation of $30bn.

Investors spooked by Trump's reciprocal tariff policy continued a selloff at the market open Thursday with the Dow plunging 1,400 points.

Liberation day, they call it, right? The reciprocal tariffs go into effect April 2, not April Fools, but today, April 2. Yes, there's all kinds of consternation and worry about this pretty bold step.

Newsmax stock price crashed 77% on Wednesday after a wild post-IPO rally. Its low share float heightens the stock's volatility.

Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.

Newsmax shares soared for a second day after their public debut, as the conservative news channel gains traction during President Donald Trump’s second term.

A little-known investment bank called Digital Offering was behind Newsmax's public stock offering. An exec explains how the firm won the deal.