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BuzzFeed Shares Soar 22 27% In 5 Days After Vivek Ramaswamy Buys 7 7% Stake

Buzzfeed is amongst the headlines again. This time, it is a synergy of two headline makers, namely Buzzfeed and Vivek Ramaswamy. He has bagged 7.7 per cent 'activist stake' in the company. This resulted in a jump of the company's shares on the stock market. Here, an 'activist stake' is the practice of purchasing a minority stake in a company to change the functioning of a company.

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