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Feb 2, 2022

[Answer] Which of the following ticker symbols represents a company that is not a "FAANG" stock?

Step 1 : Introduction to the question "Which of the following ticker symbols represents a company that is not a "FAANG" stock?"



...The acronym "FANG" is used in finance to refer to the stocks of four prominent technology companies: Meta (FB) (previously Facebook), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOG) (formerly Google). FANG stocks are well-known for their rapid growth in recent years, with each member more than doubling in value over the last five years. In 2017, Apple (AAPL) was also added by some analysts, resulting in the new acronym "FAANG." The five companies combined account for approximately 17% of the S&P 500 and about one-third of the Nasdaq 100 Index. Starbucks (SBUX) is not a member of the FANG stocks.




Step 2 : Answer to the question "Which of the following ticker symbols represents a company that is not a "FAANG" stock?"



SBUX:


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