From Yahoo Finance: 2025-04-19 18:29:00

Newsmax (NYSE: NMAX) stock surged 11.6% this week. The increase followed a 49% drop due to meme-stock volatility and legal troubles with Dominion Voting Systems. Despite the S&P 500 falling 1.5%, Newsmax closed with strong double-digit gains.

Last year, Newsmax’s revenue rose 26% to $171 million. Recent Nielsen data showed a 690% increase in total day viewership and a 1,027% spike in prime-time slots. However, the company posted a $72 million loss last year and is valued at 17 times its 2024 sales.

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Read more: Why Newsmax Stock Surged This Week