This content is from: Premium

Online Grocer Instacart, a Tiger Fund Favorite, Takes a Valuation Hit

Here’s how five firms known for their hedge funds could be impacted by Fidelity’s downgrade.

The multi-month selloff of tech and internet stocks and the drying up of the IPO market is apparently impacting valuations of high-profile unicorns and decacorns.The Information has reported that in November, mutual fund giant Fidelity Management & Research marked down its valuation of Instacart, the online grocery shopping service, by

To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login.

Related Content