Newsmax Inc. skyrocketed in their debut trading session after a $75 million initial public offering brought the conservative media outlet onto the New York Stock Exchange.

The stock spiked 567% to $56.67 at 11:54 a.m. in New York, in a debut that saw shares halted for volatility eight times in just over an hour of trading. The company raised $75 million in the offering, selling 7.5 million shares for $10 apiece.