Twitter Shares Down 7% In Pre-Market Trading After Trump Is Permanently Banned From The Platform

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I am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter @theroberthart or email me at rhart@forbes.com

in pre-market trading on Monday after the platform permanently suspended President Donald Trump’s account Friday — Twitter was one of several sites to deplatform the president for his role in inciting violence among supporters Wednesday, including Facebook, Instagram and Snapchat.... [+]After a review of Trump’s recent tweets, Twitter said it felt there was a “risk of further incitement of violence” from the president, who at the time was one of the most followed people on the platform.

The company then virtually chased Trump across the internet to take down posts as the president repeatedly tried to subvert the ban and tweet from other accounts he had access to, such as the official presidential @POTUS account and his presidential campaign account. Twitter also cracked down on the accounts of a number of Trump’s supporters who were encouraging violence and spreading misinformation, like lawyer L.

the Wednesday insurrection was a coup “staged” by antifa protesters and described Vice President Mike Pence as a traitor and communist. After years of pressure to crack down on misinformation, conspiracy and hate speech from Trump, platforms are now abandoning him in droves after the president incited violence among his supporters Wednesday. Of these, Twitter is the most consequential.

 

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Good news 😄

Better than getting banned and imprisoned

Long term it’ll be good

Democracy more important than short term market gains or losses. TrumpBanned

Is the economy sacred?

It's temporary! Nobody wants to be associated with a traitor ordering an insurrection

Awesome! I’d like to see their stock drop to ZERO! TwitterCensorship

Never mind, you did well.

Let me have the numbers for Facebook, Google, Apple, etc...

This will be great for Twitter long term. Better late than never.

One of the birds fell out the nest

Damn lol better tell your friends about this one quixck. before the link gets blacklisted

Good should go as low as 0.001 cents they deserve no money.

Not low enough. I'm hoping to grab some stock but it's not even close to the 52 we low yet.

There are things more important than stock values.

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