BuzzFeed Inc. Reports Strong Q3 Financial Performance
TipRanks (Tue, 12-Nov 11:45 PM ET)
BuzzFeed Achieves Strong Q3 Growth Amid Leadership Changes
TipRanks (Tue, 12-Nov 5:21 PM ET)
Buzzfeed GAAP EPS of $0.05, revenue of $64.32M
Seeking Alpha News (Tue, 12-Nov 5:01 PM ET)
BuzzFeed, Inc. Delivers Strong Q3 Financial Results
Business Wire (Tue, 12-Nov 4:40 PM ET)
BuzzFeed (BZFD) Gets a Buy from Craig-Hallum
TipRanks (Tue, 12-Nov 8:47 AM ET)
BuzzFeed, Inc. to Release Third Quarter 2024 Financial Results on Tuesday, November 12, 2024
Business Wire (Tue, 8-Oct 4:30 PM ET)
BuzzFeed Inc is a tech-powered, diversified media company that reaches hundreds of millions globally through its cross-platform news and entertainment network. The company produces articles, lists, quizzes, videos, and original series; lifestyle content through brands including Tasty, social food network; original reporting and investigative journalism through BuzzFeed News and HuffPost; an industry- affiliate business, strategic partnerships, licensing and product development through BuzzFeed Commerce; and original productions across broadcast, cable, SVOD, film and digital platforms for BuzzFeed Studios.
Buzzfeed - Class A trades on the NASDAQ stock market under the symbol BZFD.
As of November 15, 2024, BZFD stock price declined to $3.06 with 825,259 million shares trading.
BZFD has a beta of 1.41, meaning it tends to be more sensitive to market movements. BZFD has a correlation of 0.03 to the broad based SPY ETF.
BZFD has a market cap of $115.65 million. This is considered a Micro Cap stock.
The top ETF exchange traded funds that BZFD belongs to (by Net Assets): VTI, VXF, DFAC, DFSV, AVSC.
BZFD has outperformed the market in the last year with a price return of +139.7% while the SPY ETF gained +32.1%. BZFD has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +12.5% and +22.9%, respectively, while the SPY returned +8.0% and +3.0%, respectively.
BZFD support price is $3.12 and resistance is $3.45 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BZFD shares will trade within this expected range on the day.