Twitter is all the rage in the stock market after news of Donald Trump



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Today, Monday is the first trading day after the announcement that its most famous fit user, President Donald Trump, no longer has access to the social media platform.

It was over the weekend that Twitter chose to permanently block Donald Trump, who on January 20 will be considered the former president of the United States when Joe Biden takes office. Facebook has also announced that Donald Trump is suspended.

The decision was announced Saturday night and was prompted by Trump supporters who stormed the Congress building last week, something many saw as an attack started in part by the president’s remarks at the White House rally that preceded. to storm.

Since then, Donald Trump has lost access to his favorite media outlet.

There has been some departure from Twitter since the suspension was announced, including Twitter’s much smaller competitor Parler. On Sunday, however, Apple, Google, and Amazon pulled Parler from their respective operating systems. The reason was that Parler did not moderate or delete content and message threads where new violent attacks were planned on the institutions of American democracy on the platform.

8 percent less

Shares of Twitter fell more than 8 percent when they opened in New York on Monday. Facebook, which also owns Instagram, which also blocked Donald Trump, fell about 2 percent.

Snapchat, which was the first to block Donald Trump, was down about 1 percent.

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