Stocks continued to do well as Wall Street began the last week of 2020, with the market pushing further into record territory in mid-afternoon trading Monday, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) up by nearly 1% shortly after 2 p.m. EST.
During the past year, there was a changing of the guard among Nasdaq stocks. Smaller companies like Zoom Video Communications (NASDAQ: ZM) and CrowdStrike Holdings (NASDAQ: CRWD) saw their share prices soar. Yet the well-known FAANG stocks held their own, and on Monday afternoon, Apple (NASDAQ: AAPL) , Amazon.com (NASDAQ: AMZN) , Facebook (NASDAQ: FB) , and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) were all seeing share-price gains of 2% or more. Only Netflix (NASDAQ: NFLX) was lagging, with a rise of less than 1.5%, but that gain came as CrowdStrike and Zoom were seeing substantial declines.
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For further details see:
FAANG Stocks Make Their Case to Lead the Nasdaq in 2021