Newsmax, Dominion
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The New York Times |
A Delaware judge ruled that the right-wing cable channel Newsmax made defamatory statements about Dominion Voting Systems when it falsely claimed that the company rigged votes in the 2020 presidentia...
Yahoo |
Dominion must now prove in court the channel acted with “actual malice” to harm the company’s reputation.
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Newsmax stock skyrocketed on its first day of trading, and it managed to climb as high as $265 per share, thanks to gains in the next daily session. But the rally appears to have been largely powered by meme-stock momentum, and it's seen outsized sell-offs amid recent volatility for the broader market.
BOCA RATON, FL / ACCESS Newswire / April 11, 2025 / Newsmax Inc. (NYSE:NMAX) ("Newsmax" or the "Company") today announced that veteran news anchor and broadcaster Greta Van Susteren has signed a multi-year extension to host "The Record with Greta Van Susteren."
Newsmax's stock took flight immediately following its IPO, soaring as much as 2,230% by Tuesday. Yesterday, however, shares of Newsmax plummeted 77%.
22hon MSN
Shares of Newsmax Media ( NMAX -24.63%) are plunging on Thursday. The media company's stock lost 23.5% as of 1:40 p.m. ET and was down as much as 24.5% earlier in the day. The steep decline comes as the S&P 500 ( ^GSPC -4.18%) and Nasdaq Composite ( ^IXIC -5.13%) both lost more than 5%.
Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX."
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Newsmax's shares closed with a more-than-eight-fold gain at $83.51 on Monday, partly buoyed by retail interest.
Here’s what else you need to know to Get Up to Speed and On with Your Day. 1. Tariffs. It took all of a week for President Donald Trump to reverse course on his sweeping tariff
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Newsmax—motto: News for Fox Viewers Who Have Misplaced Their Crayons— broke a lot of rock after the 2020 election saying false and defamatory things about the products of Dominion Voting Systems. As has been previously demonstrated, this was playing with dynamite.