BuzzFeed, Inc. (NASDAQ:BZFDW – Get Rating) traded up 2.6% on Tuesday . The company traded as high as $0.10 and last traded at $0.10. 56,488 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 182,695 shares. The stock had previously closed at $0.10.
BuzzFeed Stock Performance
The firm's 50-day simple moving average is $0.16 and its 200 day simple moving average is $0.13.
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A hedge fund recently bought a new stake in BuzzFeed stock. UBS Group AG acquired a new stake in shares of BuzzFeed, Inc. (NASDAQ:BZFDW – Get Rating) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm 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.
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