After social media platforms Facebook and Twitter removed President Trump from their platforms the Big Tech companies have reported major dips in stock. The removal of President Trump has triggered a mass exodus from the platforms as users search for viable alternatives. At the time of his removal, President Trump had nearly 88 million followers on Twitter making him among the top six most-followed accounts on the app.
Shares of the Palo Alto, Calif.-based company fell more than 10% at the opening bell, erasing more than $2.5 billion from Twitter’s $41 billion market capitalization. Facebook Inc. and Alphabet Inc. were also lower after Trump’s accounts were removed from their platforms.
Before removing Trump’s accounts, both Twitter and Facebook blocked the president from accessing them after he posted a video telling protesters who stormed the Capitol to “go home in peace.”
Twitter shares were down 4.93% this year through Friday compared with the S&P 500’s 1.83% gain.
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May they all collapse and go broke. Good riddance.
Hopefully those social networks trying to silence the people using them will lose everything they have. I deleted Facebook a long time ago and have never been on any of the others. Don’t waste my time on garbage like that.
“Don’t Click Through”: Facebook, Twitter, Google, make their money off advertisements. When a product advertisement comes on your page, don’t click through. Open a new browser page, not Google, and search for it. FaceBook, or Twitter will not get the $.50 for clicking through.
I VOTED FOR PRESIDENT TRUMP AND I STILL FLY HIS FLAGS AND I STILL SUPPORT HIM! I HAVE SAID FOR YEARS THAT THE DEMOCRATS NEED TO BE TAR AND FEATHER THEN RUN OUT OF TOWN ON A RAIL ! ! !