T. Rowe Price marks down Flipkart valuation
Mutual fund T. Rowe Price has marked down its valuation of Indian e-commerce giant Flipkart, along with a number of its other technology portfolio companies.
In the most recent quarterly portfolio holdings report for its Global Technology Fund, T. Rowe Price indicated a value of $120.70 per share for its Flipkart stake as of March 2016, a 15% decrease from...
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