What's Next for FAANG Stocks After Facebook's Crash?
Facebook's share price crash has dragged down tech stocks and overshadowed a very positive earnings season for Amazon, Alphabet, and Apple.
Facebook's (FB) share price crash has been the biggest story of this quarter's tech earnings season, overshadowing strong performances from Amazon (AMZN), Apple (AAPL), and Google parent company Alphabet (GOOG) (GOOGL).
The biggest question is whether Facebook's problems will trigger an existential crisis for FAANG stocks in general or lead to an unbridgeable divide between tech "winners" such as Amazon and the social media giants of Facebook and Twitter (TWTR).
James Gard does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.