Tech Stocks Decouple From Facebook
- Facebook has underperformed the broader tech index for months
- The stock’s weakness may send ripples across rivals: Weeden
Will Facebook Fallout Spread to FANG Stocks?
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Facebook added to losses in high-flying tech peers on Monday. But today, they’re standing strong.
Apple Inc., Netflix Inc. and Amazon.com Inc. are up at least 0.5 percent, compared with Facebook Inc.’s dip of as much as 6.2 percent. The social media company has lost 12 percent this week, its biggest two-day retreat since 2012, based on closing prices.