Chinese tech stocks were meant to challenge FANGs — but $168 billion has been wiped off their value

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The BATs were meant to challenge FANGs — but $168 billion has been wiped off their value thanks to a cocktail of factors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bahaha libyatds crying

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FANGs sink amid broad U.S. stock-market selloff
Source: Bloomberg - 🏆 97. / 63 Read more »

Square stock heads for best day in 19 months after company is likened to the FANGsShares of Square Inc. are soaring Tuesday after an analyst said that the company is doing for the payments sector what Facebook Inc., Amazon.com Inc., Netflix Inc., and Alphabet Inc. did for the technology industry. 💘
Source: MarketWatch - 🏆 3. / 97 Read more »

Square stock posts best day in 19 months after company is likened to the FANGsShares of Square soared Tuesday after an analyst said that the company is doing for the payments sector what Facebook, Amazon, Netflix, and Alphabet did for the technology industry. What is Square. I’ll take Digital Payments for $400.
Source: MarketWatch - 🏆 3. / 97 Read more »

Bond Market Freaking You Out? It May Spark a Healthy RotationThe good news for shareholders is that the market overall might be fine. The trouble lies with the FANGs and other acronym stocks that have been leading indexes higher. You hear that FANG?!? WATCH OUT if you buy bonds you’ll help d economy of d country 😂
Source: WSJ - 🏆 98. / 63 Read more »