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A comment on Dell ends hybrid work policy, demands RTO despite remote work pledge. Parent comment

Re:Dell ends hybrid work policy, demands RTO despite remote ... by markeroon on Saturday February 01, 2025 @12:53PM (#42900366)
“The social media platform formerly known as Twitter is worth almost 80% less than two years ago when Elon Musk bought it, according to estimates from investment giant Fidelity.”

https://www.cnn.com/2024/10/02/business/elon-musk-twitter-x-...

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Re:Dell ends hybrid work policy, demands RTO despite remote ... by winrid on Saturday February 01, 2025 @03:36PM (#42901997)
It just wasn't worth that much to begin with.
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Re:Dell ends hybrid work policy, demands RTO despite remote ... by 93po on Saturday February 01, 2025 @03:00PM (#42901650)
"company that hates elon and has vendetta against him says bad things about elon companies"

fidelity has been shitting all over elon companies forever, and losing tons of money in the process:

https://seekingalpha.com/article/4200471-institutional-inves...

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Re:Dell ends hybrid work policy, demands RTO despite remote ... by dartos on Saturday February 01, 2025 @12:55PM (#42900385)
Id like to believe this is bad news for X, but selling $3B out of $40B isn’t a massive sell off.

They’re probably just recouping losses from the last few days of market nosedive

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Re:Dell ends hybrid work policy, demands RTO despite remote ... by markeroon on Saturday February 01, 2025 @12:58PM (#42900412)
I edited my link to better capture how much twitter is bleeding in terms of valuation, but you had replied in the interim. My bad!

Fair point re: selling the debt.

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Re:Dell ends hybrid work policy, demands RTO despite remote ... by greenchair on Saturday February 01, 2025 @01:24PM (#42900698)
"fidelity believes"
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Re:Dell ends hybrid work policy, demands RTO despite remote ... by devnullbrain on Saturday February 01, 2025 @02:27PM (#42901323)
You seem to have mistakenly put quotation marks around something that the linked article doesn't contain. Please allow me to fill in the correct quotation:

"Fidelity discloses what it believes is the value of its shares of X"

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Re:Dell ends hybrid work policy, demands RTO despite remote ... by miltonlost on Saturday February 01, 2025 @01:56PM (#42901069)
the opposite is "musk says". do you believe Musk over a bank?
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Re:Dell ends hybrid work policy, demands RTO despite remote ... by xcv123 on Saturday February 01, 2025 @04:31PM (#42902568)
The value is purely speculative no matter which source.

It’s only worth what a buyer is willing to pay for it.

The company is now private and has no stock price. It’s not for sale.

It mostly has the same user base today so the value to an interested buyer is probably not much different to what it was before the sale.

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