Christopher Ruddy’s Newsmax Stock Soars 2,200% After IPO, Surpassing Fox Corp In Market Value
02 Apr 2025 16:59 PM IST
Newsmax, founded by Christopher Ruddy, saw its stock soar 2,200% after its IPO, reaching a $30 billion market value. The surge propelled it past Fox Corp and made Ruddy one of America's wealthiest individuals.