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Fidelity marks down X valuation by 71.5% (techcrunch.com)

submitted 10 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Fidelity marks down X valuation by 71.5%::Asset manager Fidelity has marked down its investment in Musk-owned X by 71.5% from the original valuation of shares.

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[-] cabron_offsets@lemmy.world 5 points 10 months ago

Shit’s near worthless.

this post was submitted on 04 Jan 2024

240 points (95.5% liked)

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