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I'll have to admit I was also very confused by the use of 'FANG' so often around here.
by owlninja 7y ago
I'll have to admit I was also very confused by the use of 'FANG' so often around here.
- moate 7y agoFANG (or FAANG) isn't a ticker symbol though, just industry jargon.
- perl4ever 7y agoFANG is the ticker symbol of Diamondback Energy, a Midland, Texas oil company. https://www.otcmarkets.com/stock/FANG/overview https://www.otcmarkets.com/stock/FANG/overview
- moate 7y agoI understand that it is a ticker symbol, but nobody on Hacker News means Diamondback Engegy when they say "FANG" "FAANG" or "FANG/FAANG Companies". But great point though.
- xeroaura 7y agoFANG at least makes more sense since the abbreviation is a lot faster than typing out the multiple company names. Ambivalent about stock tickers. Sometimes have to look them up, haha.