Financial losses and legal issues make Newsmax a risky investment.

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 was listed on the New York Stock Exchange via a so-called Regulation A offering, instead of a traditional initial public offering. Such an offering allows small companies to raise capital ...

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.