Nearly 80 former and current employees of BuzzFeed have accused the company in complaints of bungling its stock market debut and denying the workers the chance to sell their shares at a higher price.
Equities research analysts expect Reservoir Media Inc (NASDAQ:RSVR – Get Rating) to report $30.22 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Reservoir Media’s earnings, with the highest sales estimate coming in at $31.25 million and the lowest estimate coming in at $29.19 million. The business […]
The employees wanted to sell their stock when the company went public in December but many were met with delays in the process. They claim BuzzFeed failed to prepare them for the IPO.