**Excerpt:**
*”Newsmax’s stock skyrocketed over 700% in its explosive IPO debut, opening at $14 per share before peaking at $82.25—triggering multiple trading halts. The conservative media giant’s market cap surged past $7.3 billion, rivaling established players like The New York Times. Analysts compared the frenzy to other right-wing media stocks like Trump Media and Rumble, though Newsmax’s first-day gains dwarfed theirs. With $75 million raised in its public offering and a major defamation lawsuit settled, the IPO’s success highlights Wall Street’s appetite for conservative media—but whether the surge is sustainable or speculative remains uncertain.”*
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