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

3.18

Mkt cap

119M

Volume

254K

High

3.32

P/E Ratio

-4.39

52-wk high

5.68

Low

3.15

Div yield

N/A

52-wk low

0.64

Buzzfeed Inc is selling its brand First We Feast, known for the 'Hot Ones' talk show, to a group led by Soros Fund Management for $82.5 million. First We Feast will operate as a standalone company under founder Chris Schonberger.

Portfolio Pulse from

December 12, 2024 | 6:45 pm

BuzzFeed's stock has surged over 300% in 2024 due to AI integration and partnerships with major tech firms. Despite declining revenues, cost-cutting measures and a low market cap position BuzzFeed for potential EPS growth and profitability.

Portfolio Pulse from

December 02, 2024 | 5:30 pm

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.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:12 pm

Netflix is in discussions to add the popular show 'Hot Ones' to its live TV offerings, aiming to strengthen its content lineup. This move could enhance Netflix's competitive edge in the streaming market.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:33 pm

Edge One Capital has raised concerns about BuzzFeed's governance in two letters addressed to BuzzFeed's management and board of directors.

Portfolio Pulse from Benzinga Newsdesk

August 27, 2024 | 5:39 pm

BuzzFeed shares are trading higher following Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:25 am

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