FAAMG Stocks Fall 32% on Average During 1st-Half of 2022 By Investing.com

FAAMG Stocks Fall 32% on Average During 1st-Half of 2022

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By Investing.com Staff

The FAAMG tech behemoth stocks were down 32% on average for the first half of 2022 versus a fall of 21% for the S&P 500 as a whole.

Below is how each FAAMG name performed for the first half of the year:

Meta (Facebook) (NASDAQ:META): down 52%
Apple (NASDAQ:AAPL): down 23%
Amazon (AMZN): down 36%
Microsoft (NASDAQ:MSFT): down 24%
Alphabet (Google) (NASDAQ:GOOGL): down 25%

The S&P 500 had its worst start of the year since 1970, the Dow had its worst start since 1962, and the Nasdaq had its worst ever.

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