Newsmax Stock Plummets Again

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Newsmax stock sinks

The Motley Fool

•

Business

Business & Economics

Why Newsmax Stock Plummeted Today

Summary

Nutrition label

68% Informative

The media company's share price closed out today 's trading down 10% despite the S&P 500 gaining 1.8% and the Nasdaq Composite climbing 2% in the daily session.

Despite huge sell-offs this week , Newsmax still has a market capitalization of roughly $2.94 billion .

With sales of $171 million last year , the business is now valued at roughly 17.2 times the revenue it recorded last year .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive