Tiger Global slashes Meta stake by 63%
Business
NEW YORK :Tiger Global Management, the hedge fund founded and led by Chase Coleman, slashed its stake in Facebook parent Meta Platforms during the third quarter, according to a filing released on Friday. During the quarter ended September 30, Tiger Global reduced its holdings in Meta by 62.6 per cent to 2.8 million of the company's shares, valuing the stake at about $2.1 billion. The firm also dissolved its positions in some other high-profile names including drugmakers Eli Lilly, Novo Nordisk
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