FAAMG Stocks Fall 32% on Average During 1st-Half of 2022
Get Alerts META Hot Sheet
Price: $481.73 +0.14%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +26.1%
Overall Analyst Rating:
BUY (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +26.1%
Join SI Premium – FREE
The FAAMG tech behemoth stocks were down 32% on average for the first half of 2022 versus a fall of 21% for the S&P 500 as a whole.
Below is how each FAAMG name performed for the first half of the year:
- Meta (Facebook) (NASDAQ: META): down 52%
- Apple (NASDAQ: AAPL): down 23%
- Amazon (NASDAQ: AMZN): down 36%
- Microsoft (NASDAQ: MSFT): down 24%
- Alphabet (Google) (NASDAQ: GOOGL): down 25%
The S&P 500 had its worst start of the year since 1970, the Dow had its worst start since 1962, and the Nasdaq had its worst start ever.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Citi: 'Very high likelihood' of a positive Q1 EPS surprise
- Cognizant (CTSH) and Microsoft (MSFT) announce global partnership to expand adoption of generative AI
- Appleās iPhone sales plummeted 19% in March quarter, per Counterpoint data
Create E-mail Alert Related Categories
Hot List, Trader TalkRelated Entities
Standard & Poor'sSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!