<ul><li>Newsmax (NYSE:NMAX) went public on the New York Stock Exchange on Monday.</li><li>The conservative cable news network's audience has grown after the election of President Donald Trump and other right-wing politicians.</li><li>Newsmax stock opened at $14 a share and soared more than 700% in volatile trading.</li><li>The IPO comes at a time when traditional cable TV has suffered as consumers opt for streaming, and the demand for right-wing prime-time content has increased.</li></ul>

Newsmax Springs on Market Debut

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