Financial losses and legal issues make Newsmax a risky investment.

The announcement that billionaire Patrick Soon-Shiong plans to take the Los Angeles Times public was met with a mix of panic ...

Newsmax's stock went on a wild ride after its initial public offering (IPO) on March 31, 2025. It went public at $10, started trading at $14, and ended its first day at $83.51.

Investors in Newsmax (NYSE: NMAX) have quickly learned why initial public offerings (IPOs) are notoriously risky, often experiencing dramatic swings in share price in the first few months of trading.

Newsmax's stock went on a wild ride after its initial public offering (IPO) on March 31, 2025. It went public at $10, started trading at $14, and ended its first day at $83.51.