FAANG Group Of Stocks Have Bad Monday
- 6 years ago
According to Reuters, the Nasdaq Composite is down for a third consecutive session.
During early morning trading on July 30th, the Nasdaq fell over 1-percent, as the growth of tech and internet companies became a concern for investors.
The FAANG group of stocks all fell, despite positive quarterly reports from a few.
Netflix slid the most, losing 4.6-percent, while Facebook dropped by 4.3-percent.
Google fell 1.5-percent, while Amazon and Apple lost 1.2-percent each.
During early morning trading on July 30th, the Nasdaq fell over 1-percent, as the growth of tech and internet companies became a concern for investors.
The FAANG group of stocks all fell, despite positive quarterly reports from a few.
Netflix slid the most, losing 4.6-percent, while Facebook dropped by 4.3-percent.
Google fell 1.5-percent, while Amazon and Apple lost 1.2-percent each.