Newsmax Shares Drop Sharply After Announcing Resale Filing For 121 Million Shares: What's Going On?

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Newsmax Shares Drop Sharply After Announcing Resale Filing For 121 Million Shares: What's Going On?

benzinga.com/cannabis/25/05/45702093/newsmax-shares-drop-sharply-after-announcing-resale-filing-for-121-million-shares-whats-going-on

Shares of Newsmax Inc. (NYSE:NMAX) are trading lower Friday after the company filed for the potential resale of up to 121 million shares of its Class B common stock.
What To Know: The resale filing triggered investor concerns about potential dilution, as the offering could significantly…

This story appeared on benzinga.com, 2025-05-30 18:25:01.