Newsmax Stock Rebounds in April After March Sell-Off

Apr 06, 2026 10:25 UTC

NMXP

Short term

Newsmax stock declined 12.3% in March amid market volatility and new board appointments, but has since gained 10% in April as broader market conditions improved.

Newsmax stock fell 12.3% in March amid market declines and board changes.
Dave Evans was appointed to Newsmax's board and audit committee on March 23.
Q4 revenue of $52.2 million exceeded analyst estimates by $8.2 million.
Net loss improved to $3 million in Q4 from $6.9 million in the prior year.
Full-year 2024 sales reached $189.3 million, up 10.7% year-over-year.
Newsmax projects 2025 sales between $212 million and $216 million.

Newsmax stock experienced a significant decline in March, dropping 12.3% as the S&P 500 and Nasdaq Composite also fell by 5.1% and 4.8%, respectively. The media company's share price initially rose following the U.S.-Israel war with Iran but later faced pressure after the announcement of a new board member and the release of its fourth-quarter financial results. On March 23, Newsmax appointed Dave Evans to its board and audit committee, which some investors may have interpreted as a sign of potential financial concerns. Despite the sell-off, Newsmax's Q4 revenue of $52.2 million exceeded analyst estimates by $8.2 million, and its net loss improved to $3 million from $6.9 million in the prior year. The company reported full-year 2024 sales of $189.3 million, a 10.7% increase, and projected 2025 sales between $212 million and $216 million. In April, Newsmax shares have rebounded, rising 10% as the broader market improved, although the stock's long-term trajectory remains uncertain.