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Is Newsmax Stock a Buy Now?
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Newsmax (NYSE: NMAX) stock got hit with a double-digit sell-off last month despite a bullish backdrop for the broader market trading. The company's share price fell 12.2% across July's trading.
Newsmax’s Carl Higbie confronted a Connecticut man Wednesday who was accused of allegedly taking photos of Higbie’s ...
“Newsmax recognizes and appreciates that DirecTV clearly supports diverse voices, including conservative ones,” Newsmax CEO Christopher Ruddy said in a press release announcing the new deal.
The announcement that billionaire Patrick Soon-Shiong plans to take the Los Angeles Times public was met with a mix of panic ...
Host Rob Finnerty opened the televised event with a montage highlighting what he referred to as the key achievements of Trump’s administration, noting, "That’s 200 days — not four years, by the way.” ...
In that same time period, Newsmax has had a 56% decline, averaging 106,000 total viewers. In the demo, Fox News fell 20% year to date, averaging 193,000, while Newsmax dropped 71%, averaging 16,000.
Newsmax and OAN are both whackjob news organizations with minimal viewership. This appears to be a purely business decision in which AT&T pursues its’ job #1, maximizing profits.
Whether Newsmax can sustain its ratings surge post-Donald Trump remains to be seen. Kagan forecasts that ad sales for Fox News, CNN and MSNBC will drop by 13.1% in 2021, from $2.85 billion in 2020.
Newsmax, along with San Diego-based One America News and Fox News, is facing defamation claims by vote-counting machine maker Dominion Voting Systems over allegations it promoted false claims that ...
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