What Next for FAANG Stocks after Facebook Crash?

Facebook's share price crash has dragged down tech stocks and overshadowed a very positive earnings season for Amazon, Alphabet and Apple

James Gard 2 August, 2018 | 8:37AM
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Facebook Shares Plunge

Facebook’s (FB.) share price crash has been the biggest story of this quarter’s tech earnings season, overshadowing strong performances from Amazon (AMZN), Apple (AAPL) and Google parent company Alphabet (GOOGL).

The biggest question is whether Facebook’s problems will trigger an existential crisis for FAANG stocks in general. Or will this lead to an unbridgeable divide between tech “winners” such as Amazon and the social media giants of Facebook and Twitter (TWTR)?

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Alphabet Inc A2,924.35 USD0.00Rating
Amazon.com Inc3,392.49 USD0.00Rating
Apple Inc148.85 USD0.00Rating
Facebook Inc A312.22 USD0.00Rating
Microsoft Corp323.17 USD0.00Rating
Netflix Inc662.92 USD0.00Rating
Sanlam Artificial Intelligence B GBP2.92 GBP0.11Rating

About Author

James Gard  is content editor for Morningstar.co.uk