Crazy speculation on Trump deals! Newsmax, a media stock, surged 7 times on its first day of trading, with 10 circuit breakers in the first 3 hours. On Monday local time, the conservative American television news network Newsmax went public on the New York Stock Exchange. The founder of this media, former New York Post investigative journalist Christopher Rudy, positioned Newsmax as a digital media platform and transformed into a cable news network in 2014. According to local media statistics, pure TV network IPOs in the US stock market are extremely rare, with no IPO in recent decades that can compare to Newsmax. Rudy said that the center right media industry in the United States now needs competitors who can compete with Fox News. Trump has given multiple exclusive interviews to Newsmax. Last week, the Trump administration made adjustments to the White House press corps that closely reports on presidential affairs. White House journalists from the Associated Press and Reuters were both removed from the press corps list, and Newsmax, who firmly supports Trump, naturally benefited. It is worth mentioning that Rudy posted on social media last week that he received a congratulatory message from Trump's office and specially sent a photo of Trump holding his phone to show the person he was talking to.