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Comcast additional trims its BuzzFeed place amid AI frenzy

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Comcast Corp. additional pruned its stake in BuzzFeed Inc. in current days, although to a smaller diploma than with previous inventory gross sales.

The media large disclosed in a Tuesday submitting with the Securities and Trade Fee that it offered greater than 524,000 shares of BuzzFeed on Feb. 16 and Feb. 21. The gross sales introduced Comcast’s
CMCSA,
-3.27%
stake in BuzzFeed
BZFD,
-5.61%
to fifteen.48% from 15.90% on the time of the corporate last-disclosed inventory sale earlier this month.

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