Newsmax went public earlier this year, and its stock took off immediately. But the enthusiasm didn't last.Newsmax (NMAX -3.00%) stormed onto the public markets earlier this year, with its stock soaring more than 700% out of the gate. In subsequent sessions, it surged to an intraday peak of $265 a share. Investors believed there was some kind of connection between the media company and President Donald Trump, and that resulted in it trading like a meme stock.Newsmax runs a 24/7 news channel as well as other ...