From Yahoo Finance: 2025-05-30 15:59:00

The SEC approved Newsmax shareholders to sell 121 million shares on the market, causing a significant dilutive effect. Shares of Newsmax Media plunged 18% amid the news. The company reported a $72 million loss on $171 million in sales, with a market capitalization of nearly $3 billion.

Investors are advised to stay away from Newsmax stock, especially with the influx of shares. The Motley Fool Stock Advisor team identified 10 better stocks for investment opportunities. Their top 10 list boasts an average return of 978%, outperforming the S&P 500 by 807%.

Read more: Why Newsmax Stock Is Crashing Today