Newsmax, Inc. (NMAX)
Newsmax, Inc. operates in the Broadcasting industry of the Communication Services sector, headquartered in Boca Raton, FL, US. The stock last traded at $10.87, down 1.00% on the session, giving a market capitalisation of $977.4M. On trailing twelve-month figures it carries a trailing P/E of -219.15, a net margin of -3.2%. Its beta of 2.71 implies it has historically moved more than the broad market.
Newsmax Inc. is a holding company, which engages in television broadcasting and multi-platform content publishing that produces original news and editorial content for consumers through various media outlets, including TV new channels, digital and print publications. It operates through the Broadcasting and Digital Segments. The Broadcasting segment produces and licenses news, business news and lifestyle content for distribution through both MVPDs and free OTT streaming platforms. The Digital segment is composed of Newsmax.com and affiliated websites. The company was founded by Christopher Ruddy in 1998 and is headquartered in Boca Raton, FL.
Newsmax, Inc. is most often compared with the following Communication Services names: