Facebook, Netflix and PayPal Are Value Stocks Now

📆 2022/06/25 07:00:00
📰 WSJ

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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

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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