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BuzzFeed (NASDAQ:BZFDW) Trading 14.6% Higher

Defense World ·  Jan 13, 2023 02:12

Shares of BuzzFeed, Inc. (NASDAQ:BZFDW – Get Rating) traded up 14.6% on Thursday . The company traded as high as $0.12 and last traded at $0.10. 95,083 shares were traded during trading, an increase of 148% from the average session volume of 38,383 shares. The stock had previously closed at $0.09.

BuzzFeed Trading Up 14.6 %

The business has a fifty day simple moving average of $0.08 and a two-hundred day simple moving average of $0.14.

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Institutional Inflows and Outflows

A hedge fund recently bought a new stake in BuzzFeed stock. UBS Group AG acquired a new stake in BuzzFeed, Inc. (NASDAQ:BZFDW – Get Rating) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 29,748 shares of the company's stock, valued at approximately $25,000.

BuzzFeed Company Profile

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BuzzFeed, Inc, a tech-powered media company, provides breaking news, original reporting, entertainment, and videos across the social Web to its global audience. It also provides cross-platform network such as BuzzFeed Originals, which creates articles, lists, quizzes, and videos; BuzzFeed Media, comprises a portfolio of identity-driven lifestyle brands that includes Nifty, Goodful, As/Is, and Tasty; BuzzFeed Studios, that produces original content across broadcast, cable, film, and digital platforms; BuzzFeed News, which includes reporting and investigative journalism; and BuzzFeed Commerce, which develops social commerce products and experiences, licensing, and other strategic partnerships.

Further Reading

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