Newsmax stock price forecast the medium-term "newsmax stock price

The medium-term "newsmax stock price forecast" expects potential test of $24.00 by year’s end if advertising CPM growth remains above 8% in the U.S. market. No, not the joyride through Chicago in the red 1961 Ferrari 250 GT California Spyder. But the one where Ben Stein plays a high school economics teacher speaking to a bored class about how the Hawley-Smoot Tariff Act of 1930, also known as Smoot-Hawley, raised tariffs in an effort to collect more revenue for the U.S. government. $9.2 billion. That’s the estimated value of Newsmax CEO Christopher Ruddy’s 31% stake in the company as of Tuesday’s closing price. While Newsmax surpassed Fox’s market cap, Ruddy’s fortune likely still trails that of Rupert Murdoch , as the former Fox Corp. chairman has an estimated net worth of $22.5 billion. Risk analysis in the "newsmax stock price forecast" points to downside limited to $18.75 under adverse macro shifts, with stop-loss levels recommended for active traders.