Streetbeat News

BZFD

BuzzFeed, Inc.

https://www.buzzfeed.com

Industry

Internet Content & Information

BuzzFeed, Inc., a digital media company, provides breaking news, original reporting, entertainment, and videos across the social web to its global audience. It provides BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a newsroom for young audience; Tasty, a platform for shareable food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content; and Complex Networks that offers culture content of music, food, style, entertainment, and sports. The company also offers As/Is for style, BringMe for travel, Goodful for wellness, and Nifty for DIY. BuzzFeed, Inc. was founded in 2006 and is based in New York, New York.

Open

3.25

Mkt cap

112M

Volume

835K

High

3.35

P/E Ratio

-2.73

52-wk high

4.56

Low

2.99

Div yield

N/A

52-wk low

0.64

The conclusion of the 2024 U.S. presidential election has positively impacted Wall Street, with stocks rising due to factors like falling inflation, AI/data center spending, and a dovish Federal Reserve. Meme stocks are gaining attention in this environment.

Portfolio Pulse from

November 13, 2024 | 4:30 pm

BuzzFeed, Inc. (Nasdaq: BZFD) reported strong Q3 financial results with a net income of $2 million and Adjusted EBITDA of $11 million, surpassing their revenue outlook with a 7% year-over-year growth.

Portfolio Pulse from

November 12, 2024 | 10:00 pm

Several communication services stocks experienced significant price movements during Wednesday's intraday session. Reddit, Haoxi Health Technology, Snap, Asset Entities, E W Scripps, and BuzzFeed saw notable gains, while ATN International, Trump Media & Technology, Criteo, Thryv Holdings, Giftify, and TuanChe experienced declines. These movements were largely influenced by recent earnings reports.

Portfolio Pulse from Benzinga Insights

October 30, 2024 | 4:31 pm

Netflix is considering adding a live version of the popular YouTube show 'Hot Ones' to its content lineup, potentially boosting BuzzFeed's stock, as the show is part of BuzzFeed's assets. This move aligns with Netflix's strategy to expand its live media offerings.

Portfolio Pulse from Chris Katje

September 16, 2024 | 8:36 pm

BuzzFeed shares are experiencing an uptick following reports that Netflix is in talks to add First We Feast's 'Hot Ones' to its platform.