Wednesday, March 28, 2018

Facebook, Amazon, Netflix and Google suffer huge losses in stock market

At Axios Dan Primack reports that
The so-called FANG stocks have had a terrible week, losing a combined $168.6 billion in market value over the past five trading days. Here's the breakdown:

Facebook stock down 8.34%. $42.12 billion in lost market cap.
Amazon stock down 8.74%. $66.3 billion in lost market cap.
Netflix stock down 8.5%. $11.49 billion in lost market cap.
Google stock down 6.52%. $48.67 billion in lost market cap.

No comments: