Filings and holdings data at the end of April show Fidelity Investments cut the valuation of Instacart by 50%, Reddit by 33%, ByteDance by 13% and Stripe by 13% (Bloomberg)

Bloomberg:
Filings and holdings data at the end of April show Fidelity Investments cut the valuation of Instacart by 50%, Reddit by 33%, ByteDance by 13% and Stripe by 13%  —  Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe.