Just as leftist click bait generator BuzzFeed announced that it was going public next year (and issue stock to investors), they were hit with a defamation lawsuit for the Russian dossier story.
More on the lawsuit Here
More on Buzzfeed going public Here
Yeah. I’ll pass on this “opportunity”
Buzzkill
Wow! Can you debut in the red?
Wow! Buzzardfood is doing an IPO!? Man, I’m socking ALL my retirement funds into THAT! What could go wrong? /s
Ten IPOs That Failed Miserably! (Number 5 will amaze you – it’s us.)
IPO: Initial Public
OfferingOffingIf I was running a hedge fund and wasn’t subect to the same rules as average investors, I’d naked short that stock down to zero.