Fidelity slashes the value of its Twitter stake by over half - TechCrunch
Fidelity, one of the backers of Elon Musk's acquisition of Twitter, has halved the value of its shares in the social network, according to a memo.
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 com… [+3036 chars]
Read More
Other Stories in Business
- Senco Gold QIP Opens To Raise Rs 500 Crore
- Brokerage Views: Goldman Sachs On DMart, Morgan Stanley On Zomato, CLSA On Cement Industry And More
- Correction In RIL, Tata Motors Led To Sharp Spike In Their Futures Open Interest
- Indian Capital Market - A Golden Era: Motilal Oswal
- Swiggy Growth Headroom, Profitability Prompt 'Outperform' Rating From CLSA On Initiation
- Intra-Cellular Therapies (ITCI): Parkinson's Disease Drug Expansion Could Be The Next Move
- Juan Soto’s $765M deal with the Mets is the largest in MLB history. Here’s who he passed
- Trump nominates ex-ambassador to Mexico to serve as deputy secretary of State
- Complete Berachain Airdrop Guide: Get Free Tokens