Fidelity slashes the value of its Twitter stake by over half - TechCrunch

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



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