Twitter Loses $5 Billion in Market Value After Banning Donald Trump
Jan 11, 2021

[img]https://images./mivsfIMBaBlXVmLXmcEjJ.jpg[/img]

Twitter's stock fell as much as 12 percent on Monday after Donald Trump was permanently suspended from the platform on Friday evening. The social media company's market value decreased by $5 billion as a result of the decline.

Trump's account was suspended after continuously spreading conspiracy theories about voter fraud which influenced his supporters' attempt to storm the U.S. Capitol building.

"After close review of recent Tweets from the @realDonaldTrump account and the context around them we have permanently suspended the account due to the risk of further incitement of violence," Twitter said.

While shares fell to 12 percent earlier on Monday, the drop settled at seven percent. With about 88 million followers, Trump's account generated a lot of publicity for Twitter with the soon-to-be-former president's controversial tweets.

Stock market experts believe investors are worried that Trump's ban will "lead to boycotts among those who see the decision as politically motivated and a way to silence a major conservative voice." It's also expected that the Biden administration will crack down on social media companies allowing misleading or outright false information to live on their platforms.

Despite the drop, Twitter shares are still up about 45 percent over the past year, which is a larger return than Facebook during the same span.

https://www.vladtv.com/article/268656/twitter-loses-5-billion-in-market-value-after-banning-donald-trump?utm_source=youtube&utm_medium=short-link&utm_campaign=268656

Lalasticlala Mynd44

Damn.

WE VALUE AND WANT "LARY KING" BACK ON CNN !!!

WE VALUE AND WANT "LARY KING" BACK ON CNN !!!

WE VALUE AND WANT LARY KING BACK ON CNN.

WE VALUE AND WANT "LARRY KING" BACK ON CNN PLEASE!!!

How old are u? Larry King is 87 and ill, he cant come back

orisa37:
WE VALUE AND WANT "LARY KING" BACK ON CNN !!!

WE VALUE AND WANT LARY KING BACK ON CNN.

WE VALUE AND WANT "LARRY KING" BACK ON CNN PLEASE!!!

TRUMP'S MEDIA MARKET IS WORTH MORE THAN $5BILLION. SO TWITTER HAS JUST STARTED TO COLLAPSE.

deji68:
How old are u? Larry King is 87 and ill, he cant come back

HE SHOULD HAVE A SUCCESSOR. LET THE NETWORK CONTINUE.

This is a pure lies from pity of hell.

johnmartus:
This is a pure lies from pity of hell.

Its not lies bros

Even if it is,i dont think it is from de pit of hell