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Stock impact report

UPDATE 1-Tesla holdings slashed by T. Rowe Price funds in latest cuts by investor [Reuters (UK)]

T. Rowe Price Group, Inc. (TROW) 
Last t. rowe price group, inc. earnings: 4/28 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: trow.client.shareholder.com
Company Research Source: Reuters
Tesla holdings slashed by T. Rowe Price funds in latest cuts by investor - Reuters 2 Min Read (Reuters) - T. Rowe Price funds slashed Tesla Inc holdings in the first quarter, data showed on Wednesday, as the institutional investor continued to cut its positions in the electric vehicle maker. The firm, which has been one of the largest investors in the Silicon Valley company, sold off 92 percent of its prior holdings in the company during the quarter, Refinitiv data showed. That drop represented the funds for which Refinitiv has data, which may not include all T. Rowe Price funds, which are managed by T. Rowe Price Group Inc. Neither Tesla nor T. Rowe Price were immediately available to comment after normal business hours. The data showed sales between the end of last year and March 31 that ranged from 25 percent of holdings in the T. Rowe Price Global Growth Stock Fund to 100 percent of holdings at the Growth Stock Fund, which had held 2.1 million shares. In total, six funds cut their Show less Read more
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