Facebook Value Hits $200bn, Helps Bolster Internet ETFs
September 10, 2014 at 09:30 AM EDT
Internet stocks and sector-specific exchange traded funds have powered ahead in the tech space, with Facebook (NasdaqGS: FB) valuation topping $200 billion. While still underperforming the broader tech sector for the year, the First Trust Dow Jones Internet Index Fund (NYSEArca: FDN) and...