, Columnist
Revenge of the Little Guy Spells Danger for FANGs
The last time smaller stocks reversed a period of underperformance was when the dotcom bubble burst.
The stock market’s small fry are ready to take back their mantle.
Photographer: Getty Images
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The little guys are back. After another rather weird day of trading, even the outsize gain for Tesla Inc. that followed news of its accession to the S&P 500 couldn't stop a down day for U.S. stocks. But beneath the surface, smaller companies are stirring.