Christopher Ruddy

Christopher Ruddy’s Newsmax Stock Soars 2,200% After IPO, Surpassing Fox Corp In Market Value

Newsmax, the American television network, has experienced an extraordinary surge in its stock market valuation, climbing over 2,200% since its initial public offering (IPO) in New York on Monday. The company's shares, initially priced at $10 (£7.75) each, closed at $233 by the end of Tuesday's trading session, giving the...