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Facebook’s data scandal is hurting FANG stocks

29/03/2018

FANG is a frequent acronym used for the stocks of four of the biggest technology companies: Facebook, Amazon, Netflix, and Google (now Alphabet). All of those stocks have been hammered in recent days as fund managers have begun to flee from them, reports Reuters. But while it’s obvious why Facebook’s...
FANG is a frequent acronym used for the of four of the biggest technology companies: Facebook, Amazon, Netflix, and Google (now Alphabet). All of those have been hammered in recent days as fund managers have begun to flee from them, reports Reuters. But while it’s obvious why Facebook’s share price may be plummeting, … Continue reading “Facebook’s data scandal is hurting FANG stocks” FANG is a frequent acronym used for the of four of the biggest technology companies: Facebook, Amazon, Netflix, and Google (now Alphabet). All of those have been hammered in recent days as fund managers have begun to flee from them, reports Reuters. But while it’s obvious why Facebook’s share price may be plummeting, why Amazon’s, Netflix’s, and Google’s (along with other tech like Apple and Microsoft)?Read Full Story
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