Twitter shares tumble after nixing Trump account

BusinessTwitter shares tumble after nixing Trump account

Date:

Twitter shares tumble after nixing Trump account

New York: There was a broad market selloff Monday to start the week, yet the 11 per cent slide in shares of Twitter Inc. far outpaced those declines.

Twitter on Friday shut down @realDonaldTrump, citing concern that Trump would use it for “further incitement of violence.”

Trump retorted that he would be “building out our own platform in the near future. We will not be SILENCED!”

There is a protest planned outside of Twitter headquarters in San Francisco by Trump supporters Monday, though employees are working from home due to the pandemic and there are few if any people there.

Facebook, which has suspended Trumps account through January 20 and possibly indefinitely, also slipped 2 per cent Monday.

Share post:

Subscribe

Popular

More like this
Related

PM Modi Calls NEET Paper Leak a “Grave Sin”, Says 13 Accused Have Been Arrested

Prime Minister Narendra Modi said the government acted quickly...

How to Choose Your First Mutual Fund: A Beginner’s Guide

Choosing your first mutual fund can feel overwhelming. There...

What Is an Expense Ratio in Mutual Funds? Explained Simply

When choosing a mutual fund, many investors compare returns,...