Communication Services ETFs Disliked Facebook Earnings Report

by admin | 02/03/2022, 14:41

Facebook (NasdaqGS: FB) parent Meta Platforms plunged on Thursday and was on pace for its biggest one-day decline on record, dragging down communication services sector-related exchange traded funds. On Thursday, the Communication Services Select Sector SPDR Fund (NYSEArca: XLC) decreased 6.0%, the Vanguard Communication Services (NYSEArca: VOX) fell 5.3%, and the Fidelity MSCI Communication Services ETF (NYSEArca: […] Read more at ETFtrends.com.

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