Fidelity marks down X valuation by 71.5%
Fidelity marks down X valuation by 71.5%
techcrunch.com
Fidelity marks down X valuation by 71.5% | TechCrunch
4 comments
Fidelity marks down X valuation by 71.5%
Fidelity marks down X valuation by 71.5% | TechCrunch
Is this on top of the 65% valuation drop from before or just an adjustment to it?
It mentions “from the original valuation of shares”, so just an adjustment.
So it's 71.5% drop from the initial, which makes it a 18.5% drop from the evaluation a month ago? If that's true, that's a huge drop.
TLDR: Evaluation dropped 65% ~1 year and then dropped another 18.5% in a month.