Snap’s biggest investors raise stakes in third quarter | Reuters

NEW YORK (Reuters) - Fidelity Investments and technology-focused hedge fund Coatue Management LLC boosted their stakes in social media company Snap Inc (SNAP.N) during the third quarter, despite Snap’s disappointing results, regulatory filings showed on Tuesday. A woman stands in front of the logo of Snap Inc. on the floor of the New York Stock Exchange (NYSE) while waiting for Snap Inc.

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