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This isn't down from COVID highs, it's down from the purchase price 2 months ago (2022/10/27, long after COVID highs vanished)
by Arainach 4y ago
This isn't down from COVID highs, it's down from the purchase price 2 months ago (2022/10/27, long after COVID highs vanished)
- deepzn 4y ago2 months ago, no one in their right mind would buy Twitter at a $44B price. No management would sign off on it. But then it was 20 million out of a 36B fund. Do the math, if it was important in their books. Likely, was just randomly purchased as part of the index, or bought as an insignificant investment.