Fidelity estimates Reddit’s holdings are at $15.4 million, which is down over 7% from the fund’s estimates of $16.6 million from this past April.
Fidelity estimates Reddit’s holdings are at $15.4 million, which is down over 7% from the fund’s estimates of $16.6 million from this past April.
Because that would be speculation, rather than reporting what had already happened.
Hell, the fidelity valuation drop isn’t even due to the protests - as that is backdated to May 31st - I would suspect only further drops when they include June.
well, thats just not a satisfying answer, now is it?!
but seriously, isnt the existence of a viable alternative, in which a non-trivial number of users have expressed serious interest, a news worthy statement of fact? no forward looking statements required.
agreed that the June inclusive update will be really interesting.