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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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[-] ramblinguy@sh.itjust.works 7 points 10 months ago

Why would this even impact you if you're using their index funds? Twitter isn't even public so it can't be in any index

this post was submitted on 04 Jan 2024

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