Newsmax stock continues to skyrocket after IPO

Newsmax's (NMAX) stock skyrocketed an incredible 735% following its initial public offering (IPO), with founder Christopher Ruddy's stake now worth $8.4 billion. Market Domination Overtime host Josh Lipton and Barron associate editor Al Root highlight the wealth generated by this spike while noting that analysts advise against chasing these volatile moves. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.