Combined Market Cap of FANGMAN Dropped by $1 Trillion in 7 Days

But 7 companies still account for more than 25% of S&P 500 combined market capitalization.

Image Source: Twitter @Schuldensuehner

The total market capitalization of the 7 largest companies collectively called FANGMAN (Facebook, Apple, Netflix, Google, Microsoft, Amazon, Nvidia) dropped by $1 trillion in just 7 days, according to Holger Zschaepitz. Despite this, 7 companies still account for about 25% of the S&P 500's capitalization.

#Chart #Market #Market Cap #FANGMAN

Sergey Diakov E-mail

Sergey is a Bachelor of Economics and Master of Foreign Trade, so he understands macroeconomics and how it affects markets. He is fond of the stock markets, especially the US, as the most developed.