Facebook shares fell more than 4% today after briefly reaching $100 billion valuation. Is the social giant still a buy?
Facebook shares fell about 4% today after the social giant reached $100 billion valuation. But even with the decline, the company has rallied more than 63% in the past three months and is now worth more than companies like Boeing, American Express and 3M.
So with the recent rally, is now a good time to 'like' Facebook? CNBC Contributor and Founder of TradingAnalysis.com Todd Gordon has three reasons why he thinks Facebook will start to pullback. Click on the video for more.
- Social & Online Media