Netflix Leads 2015's 'Fab Five' to Their Biggest Loss
These 5 Tech Stocks Are Leading Year's Biggest Losses
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A handful of stocks that have meant everything to the U.S. equity market in 2015 are leading one of the year’s biggest declines.
Led by a 7.8 percent plunge in Netflix Inc., companies that have come to be known as the Fab Five saw $49 billion in market value erased Thursday, the most since Jan. 2013. Losses in Facebook Inc., Amazon.com Inc., Google Inc. and Apple Inc. pushed the Nasdaq 100 Index down 2.8 percent, its biggest decline since April 2014.