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by agrajag
1832 days ago
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Which FAANG has had their stock go up 150%? They’re all doing well, but even Amazon hasn’t doubled their stock since prepandemic. There are definitely more people making 1m/yr at FAANGs than their were last year, but I agree with others that it’s not “a lot.” |
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AMZN in May 2019 = $1775, today = $3496, 96% appreciation.
AAPL in May 2019 = $43.77, today = $130.87, 198% appreciation.
GOOG in May 2019 = $1103, today = $2508, 127% appreciation.
That's all over the last 2 years. Market low was apparently Dec 2018, before the Fed started cutting interest rates, so the numbers are a bit bigger since then. They were pretty steady through 2017-2019, so anyone who got grants or refreshers during those time periods has benefitted from that appreciation.