Newsmax is a holding company and a multi-platform media enterprise that delivers original news and lifestyle content. Utilizing a mixed-revenue model, Co. generates income from its linear cable television and over-the-top (OTT) news channels, websites, proprietary database, publishing products, and e-commerce offerings. Co. leverages its original news and editorial content to attract large audiences to its media outlets, facilitating the sale of advertising, print, and online information products. Co.'s operations are divided into two segments: Broadcast and Digital. The NMAX YTD return is shown above.
The YTD Return on the NMAX YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether NMAX YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the NMAX YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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