Skip to content
All holdings

Newsmax

NMAXCommentary

Conservative U.S. news television network and digital media outlet offering political commentary.Yahoo Finance ↗newsmax.com

1 take · first discussed Apr 5, 2025

Where they land
Commentary
Who's weighed in
Friedberg
Takes
1
First discussed
Apr 5, 2025

Commentary only — they've discussed this name but haven't made a call on it, so we don't attribute any call return to it. The stock's price chart and the takes are below.

How the stock has moved

The price since they started discussing it. Click a mention to see where it stood — these are comments, not calls.

prices through Jul 13, 2026
0%$47.12$5.22Friedberg on NMAX · commentary Apr 5, 2025-82.5%Apr 7, 2025Jul 10, 2026
click a chip for the quote + move since comment

The discussion

The only view on record comes from Friedberg (attributing Ben Shapiro's argument), who is bearish on Newsmax at medium conviction. He characterizes the IPO's spike to roughly $240 as a GameStop-style meme trade driven by retail sentiment rather than any fundamental business value, and expects the stock to revert to a more rational $2–4 billion market cap as price-discovery reasserts itself. With only one host's perspective available, there is no agreement or disagreement to note among the broader group.

How they got there

FriedbergFriedberg1 mention since Apr 5, 2025
NegativeE222Apr 5, 2025

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 it1:51:45
iAbout these quotes
Quotes are machine-transcribed from the episode audio — use the Listen links to verify any take against the source, or the ⚑ link to report a problem. Takes marked unverified, low-conviction, or commentary-only never move stances, the index, or the funds.