Newsmax lost $55 million in the first half of last year. But its stock has surged this week as shares in the company traded on the public market for the first time.

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 worth more than $130 each.

Shares of Newsmax skyrocketed again on Tuesday, as trading in the conservative news outlet’s stock was halted again for volatility multiple times throughout the day, more than doubling the company’s market cap to above $22 billion after a massive debut yesterday.

Newsmax's share price soared when it started trading Monday on the New York Stock Exchange under the ticker "NMAX."

Newsmax stock soared 180% Tuesday, extending its massive 735% gain on Monday following the conservative cable news outlet’s IPO.

The conservative news outlet’s blockbuster public listing on Monday catapulted its founder and CEO, Chris Ruddy, into the billionaire ranks.

Is Newsmax overvalued? I don't give investment advice, but I could give lots of reasons why investors should be wary.

Newsmax stock soared 1,236%, but overvaluation, net losses, and litigation risks make it a high-risk investment. Click here to read why NMAX is a Strong Sell.

A destination for political conservatives, the Boca Raton, Fla.-based news operation surges after its initial public offering.