Interactive Brokers Chairman Thomas Peterffy Discloses 25.9% Stake in Newsmax

MT Newswires Live

04-02

Interactive Brokers Group (IBKR) Founder and Chairman Thomas Peterffy disclosed a stake of about 23 million shares in Newsmax (NMAX) in a Tuesday filing.

The 25.9% ownership is held indirectly through Conyers Investments, making Peterffy the second largest shareholder of the company, according to Investing.com. The stake is worth over $6.2 billion.

Newsmax shares fell more than 23% in recent premarket activity on Wednesday.

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