FANG Starts Out 2016 With a Serious Wound
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FANG, the trade of the year for 2015, is starting 2016 on a sour note.
Facebook (NASDAQ: FB) is down 3.6%
Amazon (NASDAQ: AMZN) is down 6.9%
Netflix (NASDAQ: NFLX) is down 5%
Google (NASDAQ: GOOGL) (NASDAQ: GOOG) is down 3.2%
The FANG stocks were up 83.2% on average in 2015.
Meanwhile, some of the 2015 laggards are up or flat today:
3D Systems (NYSE: DDD) is up 14.7%
SunEdison (NYSE: SUNE) is up 13.8%
Stratasys (NASDAQ: SSYS) is up 3.9%
Micron (NYSE: MU) is up 0.6%
Caterpillar (NYSE: CAT) down 0.4%
Apple (NASDAQ: AAPL) down 0.9%
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