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.

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