The rest of the tech market generals are trailing far behind. Besides the negative news, primarily for Facebook, Wall Street is rethinking the price tag placed on FANG tech stocks. The country's A-list tech stocks are now a favorite of short sellers. The latest Bank of America/Merrill Lynch Fund Managers Survey showed fund managers saying that the “most crowded trade” was long FANG stocks. "In the history of financial asset bubbles, the surge in tech sector equity prices has had all the parabolic characteristics of booms and busts.

Source: Forbes March 28, 2018 15:45 UTC