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|Posté le: Mar 10 Oct - 10:43 (2017) Sujet du message: Netflix's Mixed Q3 Earnings, Should You Sell Your FANG Stock
|After a mixed third-quarter earnings release Monday, shares of Netflix fell more than 1.7% on Tuesday. Despite solid subscriber growth, investors were unimpressed with several other key figures from the report, which has cast a cloud of uncertainty over the tech sector-especially the notorious "FANG" stocks-and left many wondering what exactly this earnings season has in store for us.
FANG, an acronym coined by CNBC's Jim Cramer several years ago, refers to Facebook FB , Amazon AMZN , Netflix NFLX , and Google GOOGL . Each of these companies are primarily focused on tech or internet services, and they all own a solid share of the market in their respective industries.
These stocks have all been red-hot this year, which means the pressure is on as we approach their respective report dates. As the reaction to Netflix's earnings proves, investors don't just want to be surprised by the FANG stocks this quarter-they want to be blown away.
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