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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
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