Facebook is $24 billion richer after Mark Zuckerberg’s testimony to Congress

It turns out Mark Zuckerberg’s time in the Congressional hot seat was a good thing for Facebook, as far as the markets were concerned.

After two days of questioning by American lawmakers, Facebook’s share price rose more than 5%—mostly on the first day of Zuckerberg’s testimony—boosting the tech company’s market value by more $24 billion.

Before the testimonies, which lasted about 10 hours in total, Facebook’s market value had dropped by almost $80 billion since the data...

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