FAANG stocks are under pressure (FB, AMZN, AAPL, GOOGL, NFLX)

pulse

June 27, 2017 7:22 PM

The FAANG stocks have been on a rollercoaster the past several weeks. Here is the rundown of how each stock is performing on Tuesday...

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Facebook, Amazon, Apple, Netflix and Alphabet/Google have been propping up the tech-heavy NASDAQ 100 this year, but they are lagging on Tuesday.

Here is the rundown of how each of the FAANG stocks is performing...

Facebook (FB) - 1.52%
Amazon (AMZN) - 1.31%
Apple (AAPL) - 1%
Netflix (NFLX) - 3.30%
Alphabet/Google (GOOGL) - 1.92%

No news, in particular, seemed to be moving the group. Earlier in June, shares of several of the tech companies slid as investors cooled on their valuations of the red-hot companies. Several downgrades led to shares dropping, though the entire FAANG group is higher for the year.

The index is up 16.9% year-to-date, even after Tuesday's slide. Meanwhile, the broader S&P 500 is only up 7.54%.

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