Facebook, Netflix and PayPal Are Value Stocks Now

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Facebook, Netflix and PayPal Are Value Stocks Now
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Index provider FTSE Russell is set to rebalance its stock benchmarks at the close of trading Friday, moving companies like Meta, Netflix and PayPal into the value benchmark WSJWhatsNow

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As markets react to inflation and high interest rates, technology stocks are having their worst start to a year on record. WSJ’s Hardika Singh explains why the sector—from tech giants to small startups—is being hit so hard.

Illustration: Jacob Reynolds
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