Megacap FAANGs Stage Rebound That Fails to Erase October's Slump

The rally was the latest example of heavy day-to-day volatility for the FAANG stocks, a quintet that also includes Amazon.com Inc., Netflix Inc. and Google’s parent Alphabet Inc. All gained at least 3 percent, while Netflix surged 6.3 percent.Facebook added 3.8 percent in the wake of its results.At its peak, Wednesday’s rally had Netflix and Facebook tracking to close with their biggest one-day gain since April.