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Vivek Ramaswamy goes activist with Buzzfeed stake, seeks strategic 'shift'
BZFDBuzzFeed(BZFD) cnbc.com·2024-05-22 12:31

Shares surged roughly 50% on the news. The stock closed Tuesday at $2.50. Former U.S. President and Republican presidential candidate Donald Trump looks on as former Republican presidential candidate Vivek Ramaswamy speaks at a rally by Trump, in advance of the New Hampshire primary election in Laconia, New Hampshire, U.S. January 22, 2024. Former GOP presidential hopeful Vivek Ramaswamy has an 8% stake in BuzzFeed and is seeking to effect a "shift" in the media firm's strategy, the investor said Tuesday in ...