FANG stocks lost Rs 14,731, 000,000,000 in two days
Here’s your fun fact for the day: In the last two market trading sessions,
the FANG stocks—Facebook, Amazon, Netflix and Google-parent Alphabet—
have lost a whopping $200 billion in market cap.
By the way $200 billion is Rs. 14,731 billion
And 1 billion is 1,000,000,000 with 9 zeros!!
Goldman Sachs’ chief equity strategist tried to give comfort, opining the market sell-off is “overdone.” But markets are clearly in an ugly mood.
"FANG stocks lost Rs 14,731, 000,000,000 in two days!":
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2018
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October 2018
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