Twitter Loses $5 BILLION in Market Share as Stock TUMBLES After Platform Bans President Trump

It looks as though Big Tech is learning a very staunch financial lesson on your Monday morning. Twitter has now lost over $5 billion in market share since opening bell on Monday, as the tech giant faces major backlash after banning President Trump.

The massive fall is following the platforms banning of President Donald Trump, General Michael Flynn, Lin Wood, Sindey Powell, and a slew of other high profile conservatives the site banned in the last 72 hours.

Banning the leader of the free world is not only a violation of the 1st amendment, but part of yet another coup by big tech corporations and the Democrats to try to illegally remove Trump from office.

The President who had more than 88 million followers gave the platform a massive influx of supporters and revenue from their tweets and content.

Twitter stock has fell by 12% so far and counting, the share-price decline wiped $5 billion from Twitter’s market capitalization.

Will other tech companies realize that banning one of the most popular President’s in history is a bad career move? Or will they continue to try to ban conservatives and end free speech in America?

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Jeffrey Lopez
Jeffrey Lopez
8 months ago

Fake news. Where’s the proof? Where’s the source of this information. The citation?

Gerald Forget
Gerald Forget
8 months ago

Can’t wait till is 60% + down! 12% isn’t near enough!

Jazandra
Jazandra
8 months ago

This 12% isn’t a big enough loss. It needs to be MUCH larger – the same with all other BIG TECH who decided that they would re-write the constitution, eliminating the First Amendment. Like Ma Bell and the Electric Company – these huge monopolies need to be broken up. They have made a direct attack on America. America needs to attack back.

Gabriel Mainville
Gabriel Mainville
8 months ago

A platform like Twitter supposed, instead Twitter forget the principle of the democracy, I heard from Marine Le Pen, the purpose of democracy is to hear disagreement what an amazing concept. No Twitter is acting like publisher.

John Smith
John Smith
8 months ago

Jeffrey Lopez is a very stupid person

LΞGΞИD
LΞGΞИD
8 months ago

This is out of date. As of this post Twitter is down 5.3% today, it bounced back and is trailing down again.

tannergraysucks
8 months ago

You’re an idiot just like the rest. There’s never been free speech on Twitter. It’s not the gov’t nor is it acting on behalf of the gov’t. You guys need to relearn when free speech applies because it doesn’t apply to anything anywhere. Jesus Christ how ignorant are you ppl?

Mark McNulty
Mark McNulty
8 months ago

To the commenter below asking for a “citation,” and claiming “fake news.” Do you even know what market capitalization is? I don’t think you realize that you can simply look up TWTR’s stock price and with simple math figure out how much market cap they lost today without a “citation”. This article is not a work of academic scholarship anyway, it doesn’t need a citation; it is merely reporting something that is a readily available bit of information. Ok, I realize you’re fiscally challenged so I’ll do the math for you. Four trading days ago TWTR was at $53/share now… Read more »

Vick Parker
Vick Parker
8 months ago

Liberals : TWITTER IS A PRIVATE COMPANY , THEY CAN DO WHAT THEY WANT !

Also Liberals : PARLER HAS TO BE SHUT DOWN !!!!

If Twitter is a private company and can “do what they want” and it has nothing to do with free speech, then why are all the leftists Big Techs so worried about sites like Parler? Should they not be deemed a “private company” that can do what they want ?

Nunya Business
Nunya Business
8 months ago

Who edited this?! 🤣

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[…] Twitter shares drop by 12 percent after company banned Trump. That is $5 billion in market share. […]