As earnings beat expectations, should you buy Facebook's stock?
A surprise earnings beat gave Facebook shares its best one-day gain and helped the stock hit its highest level in more than a year. So, how soon before it returns to its IPO price of $38? And, is it time to update your Facebook status to “buy”?
On CNBC’s Closing Bell’s Talking Number segment, Richard Ross, Global Technical Strategist at Auerbach Grayson, and Jason Helfstein, Senior Internet Analyst at Oppenheimer, discuss the technicals and fundamentals of Facebook.
Watch the video above to see Ross and Helfstein on Facebook.