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Fidelity massively writes down their investment in "X"

Wednesday January 3, 2024. 01:30 AM , from BoingBoing
Since Elon 'Pedo Guy' Musk purchased Twitter for the $44 billion joke price he made up, Fidelity has written down 71.5% of their investment in the company. Changing the name to 'X' did not fool anyone.

According to the new filing by Fidelity's Blue Chip Growth Fund dated Dec.

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The post Fidelity massively writes down their investment in "X" appeared first on Boing Boing.
https://boingboing.net/2024/01/02/fidelity-massively-writes-down-their-investment-in-x.html

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