Best performing FAANG stock and the biggest loser among the pack in 2022 so far The performance of FAANG stocks has been as per the expectations after the Fed started hiking interest rates.Is the story over for the hugely popular FAANG stocks? The big run-up in the share price of these five stocks – Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google ($Alphabet(GOOG)$) – commonly referred to as the FAANG group happened during the 2020-2021. Since January 2022, the story is different and the share prices of FAANG stocks have fallen. “Just as tech stocks led the way higher throughout the good times, the prospect of higher interest rates and a withdrawal from risk assets does put the Nasdaq in the firing line,” says Joshua, Mahony