Weekly Update #262: Facebook and Netflix Lead Broad Tech Sell-Off
In order to view EquityZen's Investment Offerings, you must be an Accredited Investor. Verify your Accredited Investor status Hello Investors, As brought to you by Adam Augusiak-Boro: Charts of the Week - Facebook and Netflix Lead Broad Tech Sell-Off Tech stocks continued their selloff at the beginning of this week, with the tech-heavy NASDAQ falling 1. 39% and the companies comprising the FAANG group--Facebook, Apple, Amazon, Netflix and Google-parent company Alphabet--all beginning and ending the day in the red. Monday’s results mark the first time the NASDAQ has had three consecutive declines of greater than 1% in nearly three years.
39% and the companies comprising the FAANG group--Facebook, Apple, Amazon, Netflix and ... Source: YCharts data as of market close on 7/30/18. Source: ... below as we await the earnings releases of other tech giants later this week:.