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Published 1 month ago

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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