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Twitter shares drop in first trading day after Trump ban

Twitter shares drop in first trading day after Trump ban

Twitter stock fell over 10% Monday morning in the first trading session since the social media company permanently suspended President Trump’s account. Experts suggest that Twitter’s stance could likely reignite legislation to revoke Section 230, the law that protects internet companies from liability for content users post. Twitter banned Trump citing ’the risk of further incitement of violence.’

Tom A
Tom A
Beijing Biden
Beijing Biden 2 months

Your either a platform of free speech or you're an editor publisher especially if you censor 90% of just one side. Google,FB, You Tube and Twitter are monopolies that need to be broken into a 1000 pieces

Toby 2 months

How is Trump’s tweet in any way promoting violence. The problem with censorship is that it can be applied to its promoters just as easily.

atlas shrugged
atlas shrugged 2 months

Reap the whirlwind. My long term expectation is this will be very bad for TWTR. They have pissed off many users that probably will never return under any circumstances and they essentially handed competitors all of those users. The short term tactic of killing a company like Parler will only make the next version of competition more "cancel proof."

Jerry Mandering
Jerry Mandering 2 months

Talk about shooting yourselves in the foot! Twitter were struggling before Trump and now they’ve shot the golden goose. All Twitter has become is an echo chamber for delusional leftists and communists.

T a l
T a l 2 months

The ‘platform’ Parler was supposedly removed from the internet due to promoting violence. The ‘platform’ Twitter remains on the internet even though the #1 trending tweet recently was ‘Hang Mike Pence’. Antifa and BLM used Twitter to organize riots where arson, looting, and even death occurred. And what about all the Politicians, Hollywood elite, and media personalities that promoted violence against Trump? Were they removed?

Glen 2 months

Everyone should eliminate thier accounts with Twitter, they have crossed the line, while supporting the socialist agenda. Freedoms have been infringed on.

Doug 2 months

No big deal. It's just a market correction. Before Trump decided to run for president Twitter was on the rocks as a business. Now that Trump is leaving, Twitter is going back to being a garbage platform.

Slevin Kelevra
Slevin Kelevra 2 months

It is possible to stand by your convictions and still make a profit. Hobby Lobby and Chick-fil-A do it every day but they don't go pissing off half of their clientele.

Xavier 2 months

You know, in the French Revolution when they stormed their capitol they wanted to behead their dictator. Strange how nowadays, conservatives wanna storm the capitol here but instead give their dictator head. 🤔

Seekster 2 months

If Twitter intends to ban ever user who ever used Twitter to promote violence then they are going to be very busy. Fortunately for Twitter employees their company has a double standard and will only ban people they disagree with.

Mpcooner 2 months

The double standard is infuriating. They only go after conservatives. Time after time I have seen Twitter used by liberals to promote violence but it somehow gets excused. I truly hope this is the beginning of the end for this company as they have alienated half the country. They can’t even pretend not to be a liberal mouth piece anymore.

Janitor Jez
Janitor Jez 2 months

What is the end game with revoking section 230? What do they think it will achieve? It seems obvious it will restrict free expression even more as 'publishers' take down anything that isn't a kitten skateboarding to avoid being sued. I am pretty sure that is not the outcome anyone is looking for.

Aleks 2 months

My long term expectation is that Twitter will do exceptionally well . When the storm has passed they will be remembered for taking the right side of history. In a month share price will be back above where it was

Delterra 2 months

I'm inspired by the integrity and ethics shown by twitter willing to lose money to protect the nation, twitter executives are showing their patriot colors, not something I expected

michael 2 months

Twitter is too powerful anyway. It's good to see them lose some profit after hosting violent hatred for so long.

AntiBS 2 months

Good news indeed.

Fred V
Fred V 2 months

Lolololol! Told you so!

david dindu
david dindu 2 months

Next stimulus biden will give twitter and other social media platforms some money while we get crumbs as usual

Frank 2 months

The real problem is that there isnt a governing force to watch over these tech companies. So they get to do as they please. This is what happens when bad rich people are left unchecked. Maybe we should employ a team to watch over and maintain constitutionality of these "platform/publishers"

caron 2 months

Good. I hope it continues. Not that it matters.

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