Twitter is valued at one-third of what Elon Musk paid for it in October, according to asset manager Fidelity, which again marked down the value of its equity stake in the social-media company
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.
https://www.wsj.com/articles/twitter-is-now-worth-a-third-of-what-musk-paid-for-it-fidelity-says-e66f61db Social-media company’s value sinks to around $15 billion; Fidelity cuts its valuation for a third time
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Fidelity marks down value of Twitter stake for third time since Elon Musk takeoverFidelity Blue Chip Growth Fund’s stake in Twitter, which now exists under Musk’s X Holdings Corp, was valued at nearly $6.55 million as of April 28, compared with $7.8 million as of Jan…
Baca lebih lajut »
Fidelity Values Twitter At Roughly $15 Billion—A Third Of The Sticker Price Paid By MuskTwitter’s valuation is just a fraction of what Elon Musk purchased it for.
Baca lebih lajut »
Fidelity: Twitter is Now Only Worth a Third of What Elon Musk Paid for ItUnder Musk's leadership, the bird app has continued to plummet in value--with no end in sight.
Baca lebih lajut »
Twitter Is Now Worth Just 33% of Elon Musk’s Purchase Price, Fidelity Says(Bloomberg) -- Twitter is now worth just one-third of what Elon Musk paid for the social-media platform, according to Fidelity, which recently marked down the value of its stake in the company. Most Read from BloombergPutin Orders Tighter Defenses After Drone Strikes on MoscowWinklevoss Twins Attempt Pivot After Gemini Loses Money and EmployeesStock Rally Hits a Wall After AI-Driven Euphoria: Markets WrapTaiwan Rushes to Prevent China From Cutting Internet, PhonesNvidia Touches $1 Trillion Mark
Baca lebih lajut »
Twitter Now Worth Just 33% of What Musk Paid: FidelityOuch.
Baca lebih lajut »
Twitter is now worth just 33% of Elon Musk’s purchase price, Fidelity saysTwitter has struggled financially since Musk took over. After saddling the company with $13 billion of debt, Musk’s erratic decision making and challenges with content moderation led advertising re…
Baca lebih lajut »