Well... Twitter sure shot themselves in the ass for the Perma Ban on Trump.
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 stock likely fell because investors are worried the Trump ban will erode interest in the platform and lead to boycotts among those who see the decision as politically motivated and a way to silence a major conservative voice.
Comment