Twitter shares fall 7% in pre-market trading after Trump’s removal

Twitter took a major step last week and banned outgoing US President Donald Trump Forever off the stage. In the announcement, the company mentioned riots at the Capital Building and said the account was “suspended due to”There is a danger of further outbreak of violence. “

Following this decision, the share prices of the social networking platform declined and pre-market trading declined by 7.2%. Bloomberg. However, it is too early to say whether these prices will increase further as markets will open in the US this morning.

A group of Republicans including Donald Trump Jr., Came out against the ban, saying that accounts of several other dictators, who have threatened genocide, were active.

The outgoing President was one of the most high-profile and active users of the platform. He used the site to communicate about ferring and to “exclude fake news”. According to an article from The Associated PressTrump tweeted more than 57,000 times before his account was banned. He was also banned by Facebook, Reddit, YouTube and Twitch.

Published on 11 January 2021 – 11:03 UTC