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

BuzzFeed reported a 3% year-over-year growth in Q2 programmatic advertising revenues and a 9% increase in affiliate commerce revenues.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:22 pm

BuzzFeed shares are trading higher following Q2 earnings.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:21 pm

BuzzFeed (NASDAQ:BZFD) reported Q2 EPS of $(0.18), an improvement from $(0.63) YoY, but sales decreased to $46.90M from $62.13M YoY.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 8:21 pm

LOST iN has acquired BuzzFeed's travel vertical, Bring Me!, to expand its content library and reach millions of travel enthusiasts. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:34 pm

Social media personality Pulte X announced that the Pulte family has acquired an activist position in BuzzFeed and supports changes proposed by Vivek Ramaswamy. Following this announcement, BuzzFeed's shares were halted on a circuit breaker to the upside and are now up 17.1%.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 4:51 pm

BuzzFeed shares are trading higher after Vivek Ramaswamy increased his stake in the stock and met with the company's CEO.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 3:46 pm

Vivek Ramaswamy has met with BuzzFeed's CEO, Jonah Peretti, and disclosed that his stake in the company has risen to 8.9%.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 1:40 pm

The article lists the top gainers and losers in the communication services sector during Monday's after-market session. Notable gainers include Society Pass (SOPA), E W Scripps (SSP), and Sphere Entertainment (SPHR). Significant losers include Asset Entities (ASST), MediaCo Holding (MDIA), and BuzzFeed (BZFD).

Portfolio Pulse from Benzinga Insights

June 17, 2024 | 8:31 pm

Comcast has sold 245,794 shares of BuzzFeed, reducing its stake from 5.68% to 4.98%.

Portfolio Pulse from Benzinga Newsdesk

May 29, 2024 | 8:22 pm

BuzzFeed Inc (NASDAQ:BZFD) shares are trading higher after Vivek Ramaswamy, a former 2024 presidential candidate, wrote a letter to BuzzFeed’s board and revealed an increased stake in the company. Ramaswamy now holds an 8.37% stake and is advocating for significant strategic changes to improve the company's performance.

Portfolio Pulse from Adam Eckert

May 28, 2024 | 6:02 pm

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