Mutual Funds' Markdowns Hit Warby Parker's Billion-Dollar Status; Current marks by institutions imply a reduced valuation

Published: 25/08/2017
Mutual Funds' Markdowns Hit Warby Parker's Billion-Dollar Status; Current marks by institutions imply a reduced valuation
Source: PEVC.DOWJONES.COM

Several mutual funds have marked down their investment in eyeglass startup Warby Parker in the second quarter, including a nearly 17% price cut from John Hancock Investments, according to regulatory filings.

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