Bloomberg Originals
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Snapchat's Value Cut by 25% in Fidelity Write Down
Posted
November 12, 2015
Views
1,193
Likes
17
Engagement
1.42%
November 12, 2015
1,193
17
1.42%
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2:51Now PlayingNov. 11 -- Social media app developer Snapchat saw its valuation cut by one quarter as fund manager Fidelity wrote down its stake in the company to $34.5 million in the third quarter. Bloomberg's Tom Giles reports on "Bloomberg ‹GO›."
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