How Will the Market React to Buzzfeed Inc (BZFD) Stock Getting a Bullish Rating

Buzzfeed Inc (BZFD) stock is lower by 3.67% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Buzzfeed Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on BZFD!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor. InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon. The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.

What's Happening With BZFD Stock Today?

Buzzfeed Inc (BZFD) stock is trading at $1.05 as of 10:19 AM on Wednesday, Mar 22, a drop of -$0.02, or -1.88% from the previous closing price of $1.07. The stock has traded between $1.03 and $1.08 so far today. Volume today is less active than usual. So far 319,380 shares have traded compared to average volume of 4,662,525 shares. To see InvestorsObserver's Sentiment Score for Buzzfeed Inc click here.

More About Buzzfeed Inc

BuzzFeed Inc is a tech-powered, diversified media company that reaches hundreds of millions globally through its cross-platform news and entertainment network. The company produces articles, lists, quizzes, videos, and original series; lifestyle content through brands including Tasty, the world's largest social food network; original reporting and investigative journalism through BuzzFeed News and HuffPost; an industry- leading affiliate business, strategic partnerships, licensing and product development through BuzzFeed Commerce; and original productions across broadcast, cable, SVOD, film and digital platforms for BuzzFeed Studios. Click Here to get the full Stock Report for Buzzfeed Inc stock.