Vivek Ramaswamy Just Upped His Bet on BuzzFeed (BZFD) Stock
BuzzFeed(BZFD) Investor Place·2024-06-24 23:27
Last month, former 2024 presidential candidate Vivek Ramaswamy disclosed a 7.7% stake in Buzzfeed (NASDAQ:BZFD) stock, equivalent to 2.72 million shares.At the time, Ramaswamy stated that he believed BZFD stock was undervalued and that he wanted to engage in communications with the company’s board and executives in order to maximize shareholder value. On May 26, Ramaswamy penned a letter to Buzzfeed’s board revealing that he had increased his stake to 8.37%, cementing him as the second-largest Class A share ...