was for a time added to the billionaire class based on his holdings in the network. While Newsmax stock prices have since plummeted back down to $34 a share as of Thursday morning, the network’s ...

The MAGA cable channel Newsmax was briefly worth $30 billion this week before its share prices tumbled by 80 percent three days after its market debut. The company briefly had a market cap of $30 ...

Newsmax reached an impressive market capitalization ... the Financial Times stated, “Billionaire founder Christopher Ruddy is simply wagering that even a dying industry can support a new entrant ...