BuzzFeed could get kicked off the Nasdaq because its stock price is so low.
The digital media company has until November 27 to raise its price or face delisting.
BuzzFeed has struggled as a public company and is now trying to pivot to AI and creators.
BuzzFeed, once the darling of digital media, is now at risk of getting kicked off the Nasdaq because its stock is doing so badly.
BuzzFeed has until November 27 to raise its stock price or it could get booted off the exchange.
Persons:
BuzzFeed, J, Clara Chan, We've, Jonah Peretti, it's, Peretti
Organizations:
Nasdaq, Morning, Securities and Exchange Commission, Hollywood, Facebook