Fidelity slashes its Facebook (FB -3.6%) stake - 21 of its funds selling over 1.9M shares in...

|About: Facebook (FB)|By:, SA News Editor

Fidelity slashes its Facebook (FB -3.6%) stake - 21 of its funds selling over 1.9M shares in June. The sales are quick ones for Fidelity, which likes to "kick the tires and ask questions," says John Bonnanzio of Fidelity Insight. "It seems they ultimately decided that they didn't like what they see."