Rampant speculation is turning investors into traders, says Virtus’ Terranova

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  • CNBC Television published this video item, entitled “Rampant speculation is turning investors into traders, says Virtus’ Terranova” – below is their description.

    The AMC saga took another turn Thursday. The stock tumbled as much as 30%, ending down about 18% after skyrocketing on Wednesday. Meanwhile, Tesla and the FAANG stocks came under pressure, falling in Thursday’s session. Joe Terranova, senior managing director for Virtus Investment Partners, joined “Squawk Box” on Friday to discuss.

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    In This Story: FAANG

    FAANG is an acronym referring to the stocks of the five most popular and best-performing American technology companies: Facebook, Amazon, Apple, Netflix and Alphabet (formerly known as Google)

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