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

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 A1,899.10 USD0.25
Amazon.com Inc3,316.59 USD0.69
Apple Inc142.15 USD-0.54
Facebook Inc A282.43 USD1.59
Netflix Inc566.14 USD1.68

About Author

James Gard  is content editor for Morningstar.co.uk

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