Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way

Since going public in December 2021, BuzzFeed's market value has plummeted from around $1.5 billion to just under $100 million. While shares of BuzzFeed have rallied 180% this year, the recent boost coincided with reports of Ramaswamy's buying of the shares. He is now the second-largest Class A shareholder with an 8.37% stake. "The public markets have spoken," Ramaswamy said, adding, "I own your stock because I believe BuzzFeed can still become a more valuable company than at its initial listing, but this r ...