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BuzzFeed's (NASDAQ:BZFD) stock price has experienced a free fall since its SPAC in November 2021 where it traded at ~$10 a share. Today, BuzzFeed trades at just $1.50.
Top-line growth is dwindling while net losses are
BuzzFeed Has Lost Its Buzz
Summary
- BuzzFeed's stock price has declined 84% in just nine months.
- Since coming into the spotlight between 2011 and 2015, BuzzFeed has steadily lost relevance over time.
- Even at 0.5x sales, BuzzFeed is not an attractive investment as future prospects remain weak.
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