Fidelity slashes the value of its Twitter stake by over half

Fidelity slashes the value of its Twitter stake by over half

Fidelity, which was among the group of outside investors that helped Elon Musk finance his $44 billion takeover of Twitter, has slashed the value of its stake in Twitter by 56%. The recalculation comes as Twitter navigates a number of challenges, most the result of chaotic management decisions — including an exodus of advertisers from […]

Fidelity slashes the value of its Twitter stake by over half by Kyle Wiggers originally published on TechCrunch

Fidelity slashes the value of its Twitter stake by over half

2022-12-31 22:07

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