X (Formerly Twitter) Value Drops 71%

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Recorded03 Jan 2024

Publisheranchor.fm ↗

Handlerec:7051211

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Fidelity has adjusted its valuation of shares in X Holdings, a company previously recognized as Twitter. This adjustment comes as part of the mutual fund giant's ongoing assessment of its investment, originally made when Elon Musk acquired the company for $44 billion.

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“What did the council decide on item 42?” — answered with the speaker and the moment.