The smaller outlet in conservative TV news argued in a lawsuit that Fox News had essentially created a monopoly. Fox said the case had no merit.
Category: Ruddy, Christopher
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Why Is Newsmax’s Stock Surging? What to Know About the Right-Wing News Channel.
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.