The big surge in Facebook Inc.’s stock in premarket trade Thursday, has helped light a fire under the other recently-beaten down FANG stocks. Facebook shares soared 15% ahead of the open, putting them on track to open at a 2 1/2-month high, after the social network reported late Wednesday fourth-quarter profit and sales that beat expectations. Before Facebook reported, the stock has lost 9.8% year to date, while the S&P 500 had slipped 7.9%. Going in order of the acronym, Shares of Amazon.com Inc. , which is slated to report fourth-quarter results after Thursday’s closing bell, jumped 3.6% in premarket trade. They had tumbled 14% year to date through Wednesday. Netflix Inc.’s stock ran up 2.5% and shares of Google parent Alphabet Inc. climbed 2.7%. Through Wednesday, shares of Netflix had tumbled 20% year to date and of Alphabet slumped 7.8%.
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