Advertisement
Australia markets open in 2 hours 33 minutes
  • ALL ORDS

    7,831.90
    -100.10 (-1.26%)
     
  • AUD/USD

    0.6525
    +0.0046 (+0.71%)
     
  • ASX 200

    7,569.90
    -94.20 (-1.23%)
     
  • OIL

    79.13
    -2.80 (-3.42%)
     
  • GOLD

    2,330.20
    +27.30 (+1.19%)
     
  • Bitcoin AUD

    88,805.41
    -3,485.05 (-3.78%)
     
  • CMC Crypto 200

    1,202.07
    -136.99 (-10.23%)
     

FAANG Stocks: 2022 Winners and Losers

FAANG Stocks: 2022 Winners and Losers

FAANG stocks -- essentially the top five stocks of the tech sector -- as a group cooled off in 2021. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) led the group of growth stocks with a 65% return for the year, followed by Apple's (NASDAQ: AAPL) near-34% return. The rest of the group -- Meta Platforms (NASDAQ: FB), Amazon (NASDAQ: AMZN), and Netflix (NASDAQ: NFLX) -- all underperformed the S&P 500 index, which returned nearly 27% for the year.