This article was originally published on ETFTrends.com.
Late last month, social media giant Facebook Inc. (NASDAQ: FB) suffered its worst intraday loss as a public company after reporting disappointing second-quarter results, news that weighted on a slew of exchange traded funds with large Facebook allocations. That included the newly minted Communication Services Select Sector SPDR Fund (NYSEArca: XLC). XLC had a weight of [...]
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