Newsmax stock surges 2,000% post-IPO due to retail investors, CEO becomes billionaire.

From Yahoo Finance: 2025-04-02 13:48:00

Newsmax stock saw a 2,000% surge since IPO, making CEO a billionaire. Retail investors drive value above Trump Media and Fox Corp. Despite $72.2M losses in 2024, shares closed at $233, up 179%. Trump Media, with $400.9M losses in 2024, saw stock rise 3.7% at $20.26 apiece.

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