Christopher Ruddy, renowned journalist and founder of conservative outlet, Newsmax, is now a billionaire. The Chief Executive Officer of the company now boasts a fortune of about $3.3 billion ...

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The massive haul made Newsmax founder and CEO Christopher Ruddy an overnight billionaire. “Ruddy’s 39.2 million class A shares, owned through a revocable trust, have 10 votes each, giving him control ...

The Newsmax IPO was one for the record books. Priced at $10 per share, the cable TV company closed its first day of open-market trading at $83.51 and its second at $233, after rising as high as $265.

Loyal Newsmax viewers who listened to the channel’s entreaties last year and lined up to buy $10-per-share stakes in the company are feeling pretty rich right about now. Those shares are currently ...

Christopher Ruddy, the company's founder and CEO, said Monday on CNBC's "Squawk Box" that he saw an opportunity to join the mix since Fox Corp.'s Fox News didn't have a competitor in the "center right ...

Newsmax Media CEO Chris Ruddy joins "Squawk Box' to discuss the company's public debut on Wall Street today, state of digital news media, competition against Fox News, growth outlook, and more.

Chris Ruddy, Newsmax's founder and CEO. Conservative news outlet Newsmax went public on Monday morning on the New York Stock Exchange. By the end of the day, its shares were trading 735% higher ...

Analysts attribute the surge in Newsmax’s stock to retail investors, drawing comparisons to the meme-stock phenomenon witnessed with companies like GameStop. The concept of meme ...

Newsmax shares plunged Wednesday in the third day of trading for the media company after a wild response to its Monday IPO.