Ben Shapiro (guest) argues Newsmax's post-IPO trading is a GameStop-style retail meme event disconnected from fundamentals, and expects the stock to revert to a $2–4 billion market cap range from its peak above $20 billion.
the PE ratios on the Newsmax trade are, are, you know, ridiculous in the sense that it's going to revert back to something closer to normalcy... It'll end up being, you know, total market cap will probably be somewhere when it, when it”1:51:45