This is a valuable data point as it comes from an institution with no ax to grind, and a fiduciary duty to its customers that bends its actions towards truth.<p>I suppose this valuation cut is also in-line with what public companies have gone through since April as week (i.e., here’s Meta’s 60% drop: <a href="https://elite.finviz.com/quote.ashx?t=META&p=d" rel="nofollow">https://elite.finviz.com/quote.ashx?t=META&p=d</a>)