Facebook: Still Not a Buy?

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The FMHR traders discuss May’s market performance and Facebook’s fair value, with Aswath Damodaran, NYU Stern School of Business professor. “I’m not surprised at all at the shift in momentum, I’m just surprised it happened so quickly after the IPO,” says Damodaran. CNBC’s Steve Liesman also reports on disappointing Q1 economic data.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.