Fidelity Slashes Twitter Value by 56 Percent

Sunday, January 01, 2023

Fidelity slashed its carrying value of Twitter by 56% during the first month of Elon Musk's ownership, according to a new disclosure.

Posted by retort at 05:20 PM | 13 COMMENTS | permalink | Comment on This Entry |

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I'm going to enjoy all the clueless mods and worthless Russians losing their jobs.

#1 | Posted by Tor at 2023-01-01 08:40 PM | Reply

If a company that gets almost all of its revenue from advertisers loses 80% of its advertisers, how does it stay afloat?

Apparently by selling Tesla stock.

#2 | Posted by Sycophant at 2023-01-01 10:29 PM | Reply

Bellwaffleberly is eager to pay a fee so they can insure America will continue to chit-chat the "truth"

#3 | Posted by ChiefTutMoses at 2023-01-01 11:21 PM | Reply

Anyone know what Fidelity values Tesla stock at? $5 a share, or is that too high?

#4 | Posted by censored at 2023-01-01 11:44 PM | Reply

Great-not. I have money in Contrafund. Just friggin great ...

#5 | Posted by catdog at 2023-01-02 09:22 AM | Reply

you Libs are pretty amazing, you don't care at all that the Biden Administration and the Dem ran FBI continually lied to you, provided misinformation and kept the truth from you.....you don't care. you just want the Messenger destroyed

#6 | Posted by Maverick at 2023-01-02 10:53 AM | Reply | Funny: 3

Just because you swallow ever turd nugget the grifters sell you doesn't mean the rest of us have to.

#7 | Posted by jpw at 2023-01-02 11:59 AM | Reply

Be nice JPW. Can't you tell Maverick is having an emotional breakdown? ~ LOL

#8 | Posted by Twinpac at 2023-01-02 12:05 PM | Reply

But seriously, money (pffft!) and effups and contagious misery and great big lessons about hubris and nemesis and unintended consequences aside for a moment, who gets the role of the "Elon Musk" character in the you-gotta-see-this (probably streaming) production (because you betcha it's being written as you read this)? Martin Short's an obvious choice, of course, pitch-perfect for the part which he's already more or less played (think of his "Franck" in Father of the Bride). But not being ageist or anything, but ... So, who?

#9 | Posted by Doc_Sarvis at 2023-01-02 12:25 PM | Reply

#6 | POSTED BY MAVERICK

Sorry. Who was President in 2000 when the FBI began working with Twitter? Who appointed the current head of the FBI again?

My memory must be slipping.

#10 | Posted by Sycophant at 2023-01-02 12:56 PM | Reply

SYCOPHANT

I was gonna mention that FBI thing but you got there before I could stop laughing.

#11 | Posted by Twinpac at 2023-01-02 02:35 PM | Reply

#10 | POSTED BY SYCOPHANT AT 2023-01-02 12:56 PM | REPLY

dEaP sTAtE!

#12 | Posted by bartimus at 2023-01-03 12:21 PM | Reply

Hey MAVERICK,

No, The FBI Is NOT Paying Twitter To Censor'
www.techdirt.com

Swallow it.

#13 | Posted by rstybeach11 at 2023-01-03 02:41 PM | Reply