From Nasdaq: 2025-06-16 00:52:00

Newsmax (NYSE: NMAX) stock saw a 26% drop in share price over the past week of trading, following some business-specific news and market fluctuations. The company announced a 25% increase in viewership for its free Newsmax2 streaming channel in May, but the market was underwhelmed. Newsmax also appointed new board members and provided sales guidance for the year, expecting between $180 million and $190 million in revenue, marking an 8.2% annual growth from last year’s sales.

Despite its recent IPO success, Newsmax’s stock price has plummeted by 95% from its peak. The company’s sales growth has slowed down, raising questions about its ability to scale and monetize direct-to-consumer offerings in a declining cable news market. The Motley Fool Stock Advisor team did not include Newsmax in its list of top 10 stocks to buy now, emphasizing the importance of thorough research and consideration before investing in Newsmax.



Read more at Nasdaq: Why Newsmax Stock Plummeted This Week