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Thursday, March 29, 2018

FANG stocks' bite has US fund managers looking for alternatives


FANG stocks' bite has US fund managers looking for alternatives



Portfolio managers holding shares of Facebook Inc., Amazon.com Inc, Netflix Inc., and Google-parent Alphabet Inc. say they are increasingly concerned that the data scandal that has sent shares of Facebook down nearly 15 percent year-to-date will spill over into all of the FANG stocks.

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