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Fidelity Blue Chip Growth Fund’s stake in Twitter, which now exists under Musk’s X Holdings Corp, was valued at nearly $6.55 million as of April 28, compared with $7.8 million as of Jan. 31 and almost $8.63 million at November-end.
Earlier this month, Musk named former NBCUniversal advertising chief Linda Yaccarino as Twitter’s new CEO as the company struggles to reverse a slump in advertising revenue and navigate an overhaul that included mass layoffs.
