FANG

The “FANG” Q1’ 2024 Performance – FANGtastic Q1? Not Really. But Growth Still Soars

Highlights of the report

The tech-heavy World Infotech index dropped 52.27%, while the Nasdaq Composite fell 44.64% over a period of one year.

The “FANG” Performance Report Q1 2024

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all FANG companies finely performed the broader indices in the year 2023. Alphabet dropped the most, collapsing 58.34%. Meta, Amazon, and Netflix trailed with upline of 194.14%, 80.90%, and 65.13% respectively.

When compared to the third quarter, in the fourth quarter we can see the stock market performed better. 

In 2023, the FANG companies maintained their growth trajectory, though at varying paces. Meta led the pack with an impressive 16% revenue increase. followed closely behind Amazon at 12%, showcasing continued strength, while Netflix saw a more modest, but still positive with a 7% increase and Alphabet with 9%.

Executive Summary
• Comparative Analysis
• Altman Z-Score
• FANG Performance
– Meta
– Amazon
– Netflix
– Google
• Company reports
– Meta
– Amazon
– Netflix
– Google

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The “FANG” Q1’ 2024 Performance – FANGtastic Q1? Not Really. But Growth Still Soars

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