Is FAANG Losing Its Luster?

In August 2018, Apple hit the $1 trillion market cap mark for the first time. Then, in September, Amazon reached the milestone too. It seemed like high-growth tech stocks were taking the world by storm. However, things shifted during 2018’s third quarter. The NYSE FANG+ index has fallen by 12 percent since mid-September, and many are wondering if FAANG is losing its luster.What Are FAANG Stocks? FAANG is an acronym that refers to five high-performing and popular tech stocks. Facebook, Read more [...]