Former Republican presidential candidate Vivek Ramaswamy takes a 7.7% stake in Buzzfeed
- Ramaswamy, a former Republican presidential candidate, has acquired a 7.7% stake in Buzzfeed, which had shut down its media outlet last year.
- Shares of Buzzfeed surged over 50% prior to the market opening on Wednesday.
- Ramaswamy expressed in a filing with the Securities and Exchange Commission that he perceives Buzzfeed's stock as undervalued.
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Vivek Ramaswamy Buys Stake In BuzzFeed, Stock Price Jumps On News
Entrepreneur Vivek Ramaswamy has taken a 7.7% stake in BuzzFeed, according to a filing from the Securities and Exchange Commission (SEC). The former Republican presidential candidate’s SEC filing revealed the acquisition came between March 14 and May 21, making up 2.7 million shares. Costs of the shares ranged anywhere between $1.54 and $2.51, according to the filing. […]
·Los Angeles, United States
Read Full Article‘Anti-Woke’ Republican Vivek Ramaswamy Buys Stake in Buzzfeed to ‘Shift’ Company’s Strategy: ‘Stay Tuned’
Former Republican presidential candidate Vivek Ramaswamy, a far-right tech entrepreneur, now owns a minority share in Buzzfeed, teasing that people should 'stay tuned' for conversations with the digital media company's management.
·United States
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Total News Sources48
Leaning Left16Leaning Right12Center15Last UpdatedBias Distribution37% Left
Bias Distribution
- 37% of the sources lean Left
37% Left
L 37%
C 35%
R 28%
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