loyalty Blue chip growth fund reduced the worth of its position in X by 5.7% in February, a decline of 73% Twitter Inc. since Elon Musk bought the social media company.
Fidelity, which acquired a stake in , which lists the fund’s holdings. A month ago that was Value was $5.6 million.
Read more: Banks stuck with X debt held refinancing talks with Elon Musk
The total value of the Blue Chip Growth Fund’s
X has been attempting to lure back advertisers since Musk’s chaotic takeover. Last yr, Ad sales were valued at about $2.5 billion, falling in need of the corporate’s $3 billion goal, Bloomberg reported.
Fidelity and X didn’t immediately reply to emails in search of comment sent outside regular business hours.
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