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
