High-profile Fidelity funds cut value of Snapchat by 25 percent

BOSTON (Reuters) - Two high-profile funds at Fidelity Investments have cut the value of their stake in Snapchat by 25 percent, just months after initial investments in the high-flying tech company, according to recent disclosures by the Boston-based company.

from Reuters: Technology News http://ift.tt/1PAt5Ms