Facebook, Apple, and Netflix reach record highs

Jamie McKane

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Facebook, Apple, and Netflix reach record highs

Investors’ uncertainty about the FAANG group of technology megacaps appears to be over -- at least for now -- as Facebook Inc., Apple Inc., Amazon.com Inc. and Netflix Inc. all closed at new highs.

Social media giant Facebook, which plunged 10 percent in March amid a backlash about how it handled user data, rose 1.2 percent on Friday to close at a record $193.99.

[Bloomberg]
 
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