Leading US investor cuts Canva value by 44pc
Yolanda RedrupRich List co-editor
Leading US investor T. Rowe Price has written down its investment in Canva by an additional 30 per cent, signalling the private market tech correction is far from over.
It is the second mark down of Canva by T. Rowe Price, which in May lodged documents with the US Securities and Exchange Commission showing it had written down its investment across a variety of funds by 19.9 per cent.
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