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Newsmax made history today by ringing the bell at the New York Stock Exchange as it became a publicly traded company. The conservative news network’s stock soared on its first day, thrilling supporters who see this as a win against the liberal media giants.
Hosts Rob Schmitt and Carl Higbie called the moment “surreal,” remembering how Newsmax started small just a few years ago. Schmitt joked about aging but grinned as shares climbed past $16, proving the network’s explosive growth. Fans have stood by Newsmax, with many buying stock for the first time ever to back a media outlet they trust.
CEO Christopher Ruddy thanked everyday Americans for investing, calling this a “revolution” against elitist news corporations. Newsmax raised $75 million from regular folks, not Wall Street bankers, showing grassroots power. Earlier this year, the network pulled in $225 million privately, outselling expectations by $75 million.
From humble beginnings as a digital site in 1998, Newsmax now reaches over 40 million viewers monthly. It’s the fourth-most-watched cable news channel, beating rivals by offering “real news” without woke bias. Hosts like Higbie stressed that Newsmax lets facts speak for themselves, unlike outlets that push agendas.
The stock debut felt like a family celebration, with longtime staffers like Ken Chandler tearing up. Chandler, part of Newsmax for 15 years, never dreamed they’d challenge giants like CNN. Katrina Szish cheered loyal viewers, calling them the backbone of this underdog success.
Critics say Newsmax thrives on controversy, but supporters argue it’s the only network defending free speech. By listing on the NYSE, Newsmax sends a message: conservative voices won’t be silenced. Investors aren’t just betting on profits—they’re funding a movement.
Ruddy promised to expand programming and digital reach, staying true to their mission. With skyrocketing ratings and a fresh $300 million war chest, Newsmax aims to dethrone liberal media. For Americans tired of being told what to think, this IPO is a rallying cry.
As shares keep rising, Newsmax proves there’s hunger for news that respects traditional values. This isn’t just a business milestone—it’s a cultural victory. The left can’t ignore the millions who chose truth over propaganda. Newsmax’s stock ticker isn’t just numbers… it’s freedom ringing loud.
