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Mutual Funds Mark Down Uber Investments by Up to 15%

By Updated Aug. 22, 2017 8:33 p.m.

ET Four mutual-fund companies have marked down their investments in Uber Technologies Inc. by as much as 15%, the first such price cuts that suggest these investors are souring on the ride-hailing giant following a scandal-ridden year.

Vanguard Group, Principal and Hartford Funds all marked down their shares by 15% to $41.46 a share for the quarter ended June 30, according to the fund companies’ latest disclosure documents.

T. Rowe...

READ MORE (Wall Street Journal (subscription))

  • Vanguard, T Rowe Price slash valuations for Uber holdingsFund Strategy
  • Uber's valuation has been slashed as much as 15% by four mutual funds: T Rowe ...City A.M.
  • Mutual funds mark down investments in Uber by as much as 15 percentReuters
  • Funds mark down Uber investmentsSeeking Alpha

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Mutual Funds Mark Down Uber Investments by Up to 15%


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