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Facebook share price climbs as Zuckerberg gets grilled by the Senate

Facebook share price climbs as Zuckerberg gets grilled by the Senate
From TechCrunch - April 10, 2018

Shareholders seemed to have incredibly low expectations of FacebookCEO Mark Zuckerbergs ability to handle a Senate testimony, because Facebook stock climbed 4.5 percent Tuesday with the bulk of the gains coming during his televised testimony.

Though the markets closed nearly an hour ago, Zuckerberg is still being peppered by Senators in an hours-long testimony session where the group is aiming to hear more from the companys CEO and founder about data protection in the wake of the Cambridge Analytica controversy.

While there have been tough questions from several senators, rhetoric regarding government regulation of internet companies like Facebook was not overly pronounced in opening statements, though several Senators did directly address it in their questioning.

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