ADVERTISEMENT

GE Feels FANG's Bite as Market Value Falls Behind Netflix: Chart

GE Feels FANG's Bite as Market Value Falls Behind Netflix: Chart

GE Feels FANG's Bite as Market Value Falls Behind Netflix: Chart

(Bloomberg) -- General Electric Co., once the world’s largest company by market value, is now smaller than all of the FANG stocks. GE fell below the least valuable of the four, Netflix Inc., four weeks ago, according to data compiled by Bloomberg. The gap between them closed Friday at $17.1 billion. The rest of the FANG -- Facebook Inc., Amazon.com Inc. and Google’s owner, Alphabet Inc. -- ended last week with market values at least four times GE’s $113.5 billion.

To contact the reporter on this story: David Wilson in New York at dwilson@bloomberg.net.

To contact the editors responsible for this story: Chris Nagi at chrisnagi@bloomberg.net, Scott Schnipper

©2018 Bloomberg L.P.