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Nothing says ‘sell’ Facebook stock: Pro

Bet with Zuckerberg? Pros & cons

Facebook stock traded lower Wednesday after the company forecast higher costs ahead, but one trader said that increased spending was a positive.

The social media giant posted earnings of 43 cents per share on $3.20 billion in revenue, beating Wall Street estimates for 40 cents and $3.12 billion in revenue. But shares of Facebook sold off as much as 10 percent after guiding for higher costs.

On CNBC's "Halftime Report, " Mike Murphy of Rosecliff Capital said that more spending has led to "good results."

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