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Fidelity is reducing the value of the X share, a 73% decline

loyalty Blue chip growth fund Reduce the value of his position X by 5.7% in February, a decline of 73% Twitter Inc. since Elon Musk bought the social media company.

Fidelity, which acquired a stake in , which lists the fund’s holdings. A month ago that was Value was $5.6 million.

Read more: Banks stuck with X debt held refinancing talks with Elon Musk

The total value of the Blue Chip Growth Fund’s

X has been trying to lure back advertisers since Musk’s chaotic takeover. Last year, Ad sales were valued at about $2.5 billion, falling short of the company’s $3 billion target, Bloomberg reported.

Fidelity and X did not immediately respond to emails seeking comment sent outside regular business hours.

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