Newsmax Stock Soars After IPO

Newsmax, a conservative cable channel, saw its stock soar over 60% in afternoon trading after a successful IPO on the New York Stock Exchange. The company's founder and CEO, Christopher Ruddy, became a billionaire following the IPO.

Newsmax's IPO Success

Newsmax's stock price soared following a successful IPO, turning founder Christopher Ruddy into a billionaire. Despite the network's financial struggles, the stock price continued to rise significantly.

Newsmax CEO Christopher Ruddy and Donald Trump after assassination attempt

Newsmax CEO Christopher Ruddy spoke with former President Donald Trump following a failed assassination attempt against him. Ruddy used the incident to promote Newsmax and criticize media coverage. Trump expressed condolences for the victim and others injured in the shooting.