Buzzfeed’s quizzes fail to impress investors in its NASDAQ debut
Buzzfeed's trading debut on the Nasdaq hit a bummer after the stock fell by nearly 9.8% to trade at $8.33. Earlier during the day, its shares rose as high as $14.77 apiece
By Yashasvini Razdan
Published - Dec 06, 2021, 10:04 PM ET
Last Updated - Jul 08, 2024, 02:30 AM EDT
• The digital media company’s stock fell to $8.33 after rising as high as $14.77
• The company had gone public via a SPAC merger with 890 Fifth Avenue Partners Inc
Buzzfeed's trading debut on the Nasdaq hit a bummer after the stock fell by nearly 9.8% to trade at $8.33. Earlier during the day, its shares rose as high as $14.77 apiece.
In June, the digital media company had announced its plans to go public by merging with a special-purpose acquisition company (SPAC), 890 Fifth Avenue Partners Inc.
