Newsmax Stock Surges After Dominion Lawsuit Settlement

Newsmax shares rallied more than 15% following the resolution of its defamation lawsuit with Dominion Voting Systems. The $67 million settlement, payable over three years, removes a significant legal overhang for the recently publicized media company.

Dominion had originally sought $1.6 billion in damages, alleging Newsmax amplified false claims about 2020 election rigging. This marks the second such settlement for the conservative network after a similar $40 million agreement with Smartmatic earlier this year.

Market participants view the outcome favorably, interpreting it as a measured resolution that avoids both protracted litigation and the reputational risks of a public trial. The payments will reportedly be funded through operational cash flows rather than dilutive financing.