FANGs Retracted: Netflix, Other Top Nets Lose Bite

By | September 3, 2015

Scalper1 News

Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Google (GOOGL) — consumer Internet giants collectively known as FANG — all got bit on the stock market today, extending recent losses. CNBC analyst Jim Cramer coined FANG a few years ago. Facebook fell 1.9% to close at 88.15 Thursday. The stock is attempting to get above its 50-day moving average amid continued market volatility. It has an IBD Composite Rating of 98 out of 99, meaning it trades Scalper1 News

Scalper1 News