GSV Capital (GSVC) Maintains Facebook (FB) Stake, But Sees Value Drop in Q3
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GSV Capital (Nasdaq: GSVC) reported quarterly results Wednesday morning, missing consensus loss views in the process. Click here for more color.
Part of the loss came from the firm's Facebook (Nasdaq: FB). GSV maintained its share count at 350,000, but saw the fair value drop from $9.631 million at June 30th, down to $6.899 million at the en of September. That's a drop of 28 percent or so.
The cost of GSV's stake was $10.47 million.
GSV shares are flat ahead of the bell, while Facebook is down just over 1 percent in early trading.
Part of the loss came from the firm's Facebook (Nasdaq: FB). GSV maintained its share count at 350,000, but saw the fair value drop from $9.631 million at June 30th, down to $6.899 million at the en of September. That's a drop of 28 percent or so.
The cost of GSV's stake was $10.47 million.
GSV shares are flat ahead of the bell, while Facebook is down just over 1 percent in early trading.
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