FAANG Stocks, Then and Now
A year ago, everyone was hyped about the FAANG stocks which included Facebook, Amazon, Apple, Netflix and Alphabet (Google).These five shares were top picks for investors in 2017 and early 2018.
A year ago, everyone was hyped about the FAANG stocks which included Facebook, Amazon, Apple, Netflix and Alphabet (Google).These five shares were top picks for investors in 2017 and early 2018.
FAANG’s fell from the bull's rush, and entered the bear's claws, leaving a trail of $1 trillion in capital losses compared to their combined 52 week high. Empirical data, statistical forecasts, and market corrections are parts that compounded to NASDAQ’s superstars’ descent. But, it's also a human nature thing.
The mighty FAANG group has lost a total of $1.02 trillion in market value from its 52-week highs. Will the group survive this crisis?
What causes the plummet today? It's the negative sentiment from Wall Street that was hit by the lost in tech group that plunges our markets.
Nasdaq reaches 8,000 level for the first time, leading by Facebook, Apple, Amazon, Netflix and Alphabet (Google).
Asian stock market slid in accordance with New York’s Dow Jones from a sell-off of tech stocks last week.
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