The Faang sell-off


Keen eye: Lim forsees more derating of valuations to take place for tech stocks.

ONE of the things that 2022 will be remembered for is how the year began with the great tech sell-off.

To recap, since the start of 2022, tech stocks such as the famous tech cohort known as Faang – Facebook, Amazon Inc, Apple Inc, Netflix Inc and Google’s Alphabet Inc – have been sold down aggressively.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Faang , sell-off , technology ,

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read