Trending Assets
Top investors this month
Trending Assets
Top investors this month
Morgan Stanley Sells 84% of its $FSLY Stake
The investment bank bought ~10 million shares in November of 2020 when Fastly was trading in the $60-$80 range, then another 3 million shares last February near $25.

Looks like they're finally throwing in the towel. A 13G form received on April 8 shows that they sold ~11 million shares, or 84% of their stake. Now, Morgan Stanley only owns 2.09 million shares.
Post media

Related
Already have an account?