I Now Have to Add Netflix to my “Imploded Stocks”  | Wolf Street

In dollar terms, the market cap of Netflix plunged to just $100 billion today. Since the peak in November, $206 billion have evaporated. This is money that shareholders thought they had and now don’t have. So we have to begin dismantling the erstwhile glorious FANGMAN. Now it’s just FANGMA without the N.

I Now Have to Add Netflix to my “Imploded Stocks”  | Wolf Street