FANG Q2FY19- The stock market favorites faced a roller coaster ride in FY19in on September 17, 2019
FANG comprises of the top 4 fast growing technology companies which are the markets best performers. FANG had a market capitalization of around $2.33tn in Q2FY19. The market capitalization of Facebook was $518.8bn, Amazon was $872.7bn, Netflix was $127.7bn and Alphabet was $812.9bn. Facebook, Amazon, Netflix and Google are up by 56.3%, 33.9%, 39.4% and 10.6% respectively YTD, but still below the combined 35.1% return for FANG’s four components.
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