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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen11/11/2022 9:48:42 AM
   of 1080
 
Interesting Big Bet by Fidelity



To put this in perspective, the average price for TOST in 2022Q3 was $18.68.


If Fidelity acquired the 10,237,441 shares at that average price, the investment would have cost a bit more than $191 million.


Perhaps not a huge amount for Fidelity which has $995,154 million (almost a trillion) in assets under management - but, still a Big Bet.
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