Twitter loses $5 billion in market value after Trump is permanently barred from the platform

Kahuni Maisha

Kahuni Maisha

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Twitter loses $5 billion in market value after Trump is permanently barred from the platform



Theron Mohamed
Jan. 11, 2021, 05:12 PM


Twitter stock slumped on Monday after the platform permanently barred President Donald Trump.
REUTERS/Jonathan Ernst
  • Twitter's stock price tumbled as much as 12% on Monday, erasing $5 billion from its market capitalization.
  • The tumble followed the social-media group's permanent suspension of President Donald Trump's account on Friday.
  • "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.
  • Trump, who had about 88 million followers, generated enormous publicity for the platform with his controversial and incendiary tweets over the past six years.
  • Sign up here our daily newsletter, 10 Things Before the Opening Bell.
Twitter stock fell as much as 12% on Monday after the social-media company permanently suspended President Donald Trump's account on Friday evening. The share-price decline wiped $5 billion from Twitter's market capitalization.
Twitter's bosses suspended Trump's account - which had about 88 million followers - after the world leader's fanning of conspiracy theories about voter fraud and election theft spurred thousands of his supporters to lay siege to the Capitol last week.

https://markets.businessinsider.com...permanently-banned-tweeting-2021-1-1029946778

@T.Vercetti .
 
T

T.Vercetti

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Kahuni Maisha said:
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Twitter loses $5 billion in market value after Trump is permanently barred from the platform



Theron Mohamed
Jan. 11, 2021, 05:12 PM


Twitter stock slumped on Monday after the platform permanently barred President Donald Trump.
REUTERS/Jonathan Ernst
  • Twitter's stock price tumbled as much as 12% on Monday, erasing $5 billion from its market capitalization.
  • The tumble followed the social-media group's permanent suspension of President Donald Trump's account on Friday.
  • "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.
  • Trump, who had about 88 million followers, generated enormous publicity for the platform with his controversial and incendiary tweets over the past six years.
  • Sign up here our daily newsletter, 10 Things Before the Opening Bell.
Twitter stock fell as much as 12% on Monday after the social-media company permanently suspended President Donald Trump's account on Friday evening. The share-price decline wiped $5 billion from Twitter's market capitalization.
Twitter's bosses suspended Trump's account - which had about 88 million followers - after the world leader's fanning of conspiracy theories about voter fraud and election theft spurred thousands of his supporters to lay siege to the Capitol last week.

https://markets.businessinsider.com...permanently-banned-tweeting-2021-1-1029946778

@T.Vercetti .
Click to expand...




Cheki huyu mshenzi. Kumbe anakuwaga Democrat tyrant to the core pia???

The things one learns in a week .


 
S

Sokwe mtu

Кремлевский крот
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Mjuaji said:
So it's about where it was a month ago ? It's trading at $48. Was $38 back in Nov. Will be back to $55+ in another week or two. I bought at $24 back in March btw. Mbele iko sawa. No negotiating with terrorists.
Click to expand...
terrorists
Osama in his grave like this:D
 
T

T.Vercetti

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Kahuni Maisha said:
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Twitter loses $5 billion in market value after Trump is permanently barred from the platform



Theron Mohamed
Jan. 11, 2021, 05:12 PM


Twitter stock slumped on Monday after the platform permanently barred President Donald Trump.
REUTERS/Jonathan Ernst
  • Twitter's stock price tumbled as much as 12% on Monday, erasing $5 billion from its market capitalization.
  • The tumble followed the social-media group's permanent suspension of President Donald Trump's account on Friday.
  • "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.
  • Trump, who had about 88 million followers, generated enormous publicity for the platform with his controversial and incendiary tweets over the past six years.
  • Sign up here our daily newsletter, 10 Things Before the Opening Bell.
Twitter stock fell as much as 12% on Monday after the social-media company permanently suspended President Donald Trump's account on Friday evening. The share-price decline wiped $5 billion from Twitter's market capitalization.
Twitter's bosses suspended Trump's account - which had about 88 million followers - after the world leader's fanning of conspiracy theories about voter fraud and election theft spurred thousands of his supporters to lay siege to the Capitol last week.

https://markets.businessinsider.com...permanently-banned-tweeting-2021-1-1029946778

@T.Vercetti .
Click to expand...


Desperation.


 
Thirimaii

Thirimaii

Múndú Mwenda Andú
#16
#16
Mjuaji said:
So it's about where it was a month ago ? It's trading at $48. Was $38 back in Nov. Will be back to $55+ in another week or two. I bought at $24 back in March btw. Mbele iko sawa. No negotiating with terrorists.
Click to expand...
Show me your ways mdau.I have 5k to risk
 
K

Kennedy Maina

Village Elder
#18
#18
Kahuni Maisha said:
Really ! ! ! We never saw these when BLM and ANTIFA were on it.
Click to expand...
One is protesting human rights.
The other is planning a violent overthrow of government.

And BLM never explicitly planned violence on social media. Most of it was spontaneous instigated by the police.

Trump's cult has been planning how to hang Mike Pence, shoot Nancy Pelosi and kidnap the demon crats openly.
 
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