Lewandowski to Newsmax: NMAX 'Took Off Like a Rocket Ship'

Corey Lewandowski, a special adviser to President Donald Trump, on Saturday praised Newsmax for its successful debut on the New York Stock Exchange, where it is now a publicly traded stock under the name of NMAX.

"I've known the man who has owned Newsmax before in public for a long time," Lewandowski told Newsmax's "Saturday Report" host Rita Cosby. "He's built an incredible business."

Lewandowski added that the NMAX stock "just took off like a rocket ship."

Newsmax's initial public offering at $10 per share raised $75 million. The company's Class B common stock was priced at $14 when trading began on Wall Street. By the closing bell, the stock had risen 735% to $83.51.

"That's because people are dying for good, honest content," Lewandowski said. "It goes to show you how the legacy media — those ABCs, NBCs, and CBSes — continue to lose viewership and organizations like yours continue to grow because people are voting with their wallets. They're voting by buying stocks. They're voting by supporting your company. They're voting by advertising here."

That, he added, "is because the content you are creating is something that is so necessary to combat the liberal left, mainstream media outlets."

"This is why Newsmax has just been a complete rocket ship, the biggest stock in a long time to launch in the IPO," Lewandowski said."So a huge congratulations to you, Chris Ruddy, and everybody else at Newsmax. You know I'm a big fan."

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