Newsmax stock price today is marginally higher at $3

Newsmax stock price today is marginally higher at $3.42 after an uptick in short interest reports. This could set the scene for a short squeeze if unexpected bullish news hits next week. It has been demonstrating strong growth, powered in part by the resurgence of the Republican party in the 2024 elections. It's now the fourth-highest-rated cable news network as well as the fastest growing, and it's the fifth-highest-rated network on weekdays in all of basic cable. In 2024, its total viewership increased by 22%, while weekend watchers increased by 48%. It reaches 60 million homes through its TV networks and 20 million on social media, and it had a record 33.6 million viewers in the first quarter, up 50% year over year. Among news companies,  it has the highest social interaction rate per follower on Meta Platforms ' Facebook and Instagram, as well as X. Its rates in 2024 were 241% higher than Fox News. While Newsmax currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Newsmax stock price today sits at $3.40 even as the media stock index fell 0.6%. This relative strength signals possible investor confidence in Newsmax’s niche market positioning.