The “IPO” abbreviation here is the familiar one, “initial public offering,” referring to the first sale of stock to the public by a company. “RFO” is one of our own coinage, meaning “rival fake opposition.” Newsmax made its stock available to the public for the first time just last Friday, and it has taken off like a rocket. When it comes to fake opposition to the long-dominant liberal mainstream media, it might be something of an exaggeration at this point to call Newsmax a rival to the big one, which is Fox News. I know that I find Newsmax quite boring and hard to watch compared to Fox, and the numbers at Adweek, though a bit difficult to decipher, tell…
FULL ARTICLERFO Newsmax Has Huge Stock Price Increase after IPO
