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BuzzFeed's stock surges then falls in its public debut

BuzzFeed was once on the vanguard of digital media companies that were going to leapfrog traditional publishers and change how people watched and read news and entertainment — an ambition that it struggled to fulfill. The company hoped to regain some of its momentum this year by listing its shares on the stock exchange. But that debut, on Monday, was disappointing, underlining
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CNN Early Start With Christine Romans and Laura Jarrett December 7, 2021 10:54:00

Omg, heres bzfd. buzzfeed, the digital media brand known for lists, quizzes and articles began trading monday on nasdaq as a public company under the ticker symbol bzfd. it opened at $10.99. it jumped 40% and then closed at $9.62. despite all the bells and whistles there is still uncertainty as some investors pulled out. buzzfeed raised $16 million going public. finally for you this morning. steven kolbert has thoughts on new yorks expanding its vaccine mandate to include children. here are yo...
Trading Monday On Nasdaq Ticker Symbol Bzfd Digital Media Brand 16 Million 0 99 79 62

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