Newsmax has been highly volatile since its IPO in March, with shares initially priced at $10 but soaring to $265 before dropping to around $14. Financial losses and legal issues make investing in Newsmax risky. The company’s revenue was $171 million last year, with a market cap of $1.9 billion. Newsmax leans right politically and is growing its audience, but lawsuits from Dominion and Smartmatic pose financial risks. A stock split for Newsmax is unlikely, with a forward split indicating strength and a reverse split signaling trouble. With a share price under $10, Newsmax may consider a reverse split if it falls further. Despite revenue growth, Newsmax lost $72 million last year, making it a risky investment. Newsmax’s audience grew by 50% in Q1 2025, but legal issues could harm its bottom line. Newsmax’s stock is volatile, and its future is uncertain, making it a risky investment. Newsmax may want to avoid a reverse split to maintain investor confidence. Newsmax’s revenue was up 26% year over year in 2024, but it also lost $72 million. Newsmax’s share price is not in stock-split territory, and a forward split is unlikely. Newsmax’s revenue was up 26% year over year in 2024, but it also lost $72 million. Newsmax is not a recommended investment by Stock Advisor, with better options for investors available.

Read more at Yahoo Finance: Stock-Split Watch: Is Newsmax (NMAX) Next?