Facebook Left in Dust as Tech Stocks Lead Recovery From Rout
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There’s one notable name missing from the technology-led recovery in U.S. stocks: Facebook Inc.
The social-media giant has gained less than 3 percent since Feb. 8, the day equity markets saw the trough of their worst selloff in two years. That puts it far behind other large-cap peers such as Amazon.com Inc., Microsoft Corp. and Alphabet Inc., which have all risen at least 9 percent in the same period. Apple Inc. has advanced 11 percent.