The stock surge, which caused trading to be halted at least 10 times, has also made its 60-year-old founder and CEO, Chris Ruddy, a billionaire. “Today marks a historic milestone for Newsmax as ...

Even after crashing down to earth Wednesday, Newsmax is still valued at an extreme premium compared to Fox and the New York Times.

Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently ...

Newsmax's stock surge sent its market capitalization to nearly $30 billion — meaning the company is now more valuable than many of its media peers, including Trump Media and even Fox Corp. Retail ...

Christopher Ruddy, renowned journalist and founder of conservative outlet, Newsmax, is now a billionaire. The Chief Executive Officer of the company now boasts a fortune of about $3.3 billion ...

The IPO rally became the largest in the history of the NYSE, propelling the media company's owner to multi-billionaire status. Newsmax shares have cratered by nearly 50% just days after its stock ...

There's a new Trump trade on Wall Street, and it's as volatile as the president's agenda.

Just a few days later, Ruddy would be on the phone with President Trump, drumming up excitement for Newsmax's impending public launch. By the following week, Ruddy would reportedly become a ...

Newsmax Inc.’s debut as a public company has given founder and Chief Executive Officer Christopher Ruddy a fortune of about $3.3 billion after its shares surged 735%. The conservative cable news ...

The massive haul made Newsmax founder and CEO Christopher Ruddy an overnight billionaire. “Ruddy’s 39.2 million class A shares, owned through a revocable trust, have 10 votes each, giving him ...