Down 8%, Should You Buy the Dip on Newsmax?

Most stocks that debut on the market go through a period of volatility, as investors can take some time to figure out how they should be priced. Even considering that, however, Newsmax (NYSE: NMAX) has been a real yo-yo of an equity in its brief life on the exchange. It blasted many orders of magnitude higher in price on its market debut but almost immediately retreated to a more modest level.These days, Newsmax trades down almost 8% from its opening-day price on March 31. Let's dive into the stock to determine whether it's been unfairly punished lately and belongs at the lofty highs of its debut or now trades at a more reasonable price. Newsmax, for those unfamiliar, is a cable and video streaming news service known for hewing significantly to the right on the political spectrum.Continue reading

Jun 25, 2025 - 15:58

Down 8%, Should You Buy the Dip on Newsmax?

Most stocks that debut on the market go through a period of volatility, as investors can take some time to figure out how they should be priced. Even considering that, however, Newsmax (NYSE: NMAX) has been a real yo-yo of an equity in its brief life on the exchange. It blasted many orders of magnitude higher in price on its market debut but almost immediately retreated to a more modest level.

These days, Newsmax trades down almost 8% from its opening-day price on March 31. Let's dive into the stock to determine whether it's been unfairly punished lately and belongs at the lofty highs of its debut or now trades at a more reasonable price.

Newsmax, for those unfamiliar, is a cable and video streaming news service known for hewing significantly to the right on the political spectrum.