The FANG group of stocks fell for a fifth straight session Monday to mark the longest retreat since just before November’s election. While not immune to bouts of selling, the duration of the slide is a first for 2017 and comes before the release of earnings from Google parent Alphabet Inc. and Amazon.com Inc. on Thursday. Data compiled by Bloomberg shows analysts are cutting estimates for the biggest tech firms, while revising forecasts up for the rest of the market.
Source: Bloomberg Pro Terminal
Trader Bozhidar Arabadzhiev
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