FAANG stocks have been on a drum coaster a past several weeks.
Facebook, Amazon, Apple, Netflix and Alphabet/Google have been propping adult a tech-heavy NASDAQ 100 this year, yet they are lagging on Tuesday.
Here is a outline of how any of a FAANG bonds is performing…
- Facebook (FB) – 1.52%
- Amazon (AMZN) – 1.31%
- Apple (AAPL) – 1%
- Netflix (NFLX) – 3.30%
- Alphabet/Google (GOOGL) – 1.92%
No news, in particular, seemed to be relocating a group. Earlier in June, shares of several of a tech companies slid as investors cooled on their valuations of a impassioned companies. Several downgrades led to shares dropping, yet a whole FAANG organisation is aloft for a year.
The index is adult 16.9% year-to-date, even after Tuesday’s slide. Meanwhile, a broader SP 500 is usually adult 7.54%.
Click here to review some-more about the NASDAQ 100 Index …