University Endowments are Getting Rid of Twitter Stock

University endowments are getting rid of Twitter stock. “Yale University, which has a $23.9bn endowment fund, sold all of its 34,345 shares in Twitter – worth just under $1m at Monday’s stock price – over the last quarter. Harvard University, the world’s wealthiest university with a $36.4bn fund, sold 29,856 Twitter shares between April and June. Stanford, which has an endowment fund worth $21.4bn, sold 18,000 shares.”

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