So far, CEO Mark Zuckerberg has survived an initial round of grilling by headline-thirsty lawmakers. Zuckerberg has come across as polished and ready to tackle the challenges Facebook faces. More importantly, he hasn't divulged any fresh news that would be deemed material to Facebook's stock.
In fact, Zuck opened up the door to a future profit center: a paid subscription product.
Shares spiked 4.5% as Zuckerberg spoke. Watch more analysis below.
Before You Go
Get ready for the must-attend investing conference of 2018, hosted by none other than TheStreet's Jim Cramer. From an exclusive interview with PayPal CEO Dan Schulman to expert panels that touch on investing in the stock market to alternative investing, you won't want to miss the event TheStreet is hosting on May 5. Details are below.
How to Diversify Your Portfolio: A Boot Camp for Investors
- Date: Saturday, May 5, 2018
- Location: 117 West 46th Street, New York City
- Register here