Google closed up 1 percent at $639.57 but traded down 9 percent at $582.20 shortly after 5:30 pm ET.
Others saw opportunity after a cooling-off period.
“Maybe we’ll see a day or two of further weakness,” trader Guy Adami said, looking for a price around $560. If that happens, “I think you grab it with both hands, frankly.”
Pete Najarian of OptionMonster.com was also watching the pull-back, looking to own it at $580.
“I think that would be an absolute buy,” he said. “I don’t know if you’ll get a chance to get it at $560.”
Android was a concern for Jon Najarian, who noted that Google gets nothing from its smartphone platform except potential ad revenue. Apple, meanwhile, has recurring revenue in its iPhone and iPad products.
“I don’t think that the Android story is as big a driver for Google, as a lot of people had thought, and tonight’s proof of that,” he said.