The stock move, which occurred after a ban preventing executives and major institutional investors from selling shares was lifted, marked the media company's worst one-day percentage drop in its short trading history.
BuzzFeed Shares Drop 41% in Wake of Investor Lockup Expiration
Wall Street Journal - 7 Jun 2022 03:06
The stock move, which occurred after a ban preventing executives and major institutional investors from selling shares was lifted, marked the media company's worst one-day percentage drop in its short trading history.
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