This FAANG Stock Is Down 35%; Buying It Could Be a Genius Move
Whether you own shares of a newly public company or one of the world's most dominant technology enterprises like Alphabet (NASDAQ: GOOG), it's been a rough year. Specifically, Alphabet is down 35% from its high, its largest decline since the Great Recession. Companies that advertise to make money, like Alphabet, are pointing out economic turbulence on the horizon and bracing for a more challenging operating environment.