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Twitter stock fell as much as 12% on Monday after the social-media company permanently suspended President Donald Trump's account on Friday evening. The share-price decline wiped $5 billion from Twitter's market capitalization.

Twitter's bosses suspended Trump's account - which had about 88 million followers - after the world leader's fanning of conspiracy theories about voter fraud and election theft spurred thousands of his supporters to lay siege to the Capitol last week....

Twitter stock fell as much as 12% on Monday after the social-media company permanently suspended President Donald Trump's account on Friday evening. The share-price decline wiped $5 billion from Twitter's market capitalization. Twitter's bosses suspended Trump's account - which had about 88 million followers - after the world leader's fanning of conspiracy theories about voter fraud and election theft spurred thousands of his supporters to lay siege to the Capitol last week....

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[–] • 3 pts

If only (((money))) mattered to twitter. Twitter's purpose isn't to generate revenue......

[–] • 2 pts

Totally agree...when I read it I thought "they could careless about stock value." They want power and they can't maintain power without maintaining and controlling the narrative.

[–] • 1 pt

It's 52 week low was $22 in March 2020, so with the stock closing at $48 and change it means jack squat. When if drops another $26 then start dancing in the street.

[–] • 0 pt

Thanks for the information. I don't buy tech stocks so this is good to know. Clearly Twitter could care less.

[–] • 1 pt

I read that and the first thing I thought was "GOOD"

[–] • 1 pt

They will collapse under the weight of their crimes. And Trump will take all their assets for interfering in the election.

[–] • 1 pt

Money is part of the power they seek; I believe this loss is a good thing. I closed my twitter accounts and Amazon.

[–] • 1 pt

I still have my twitter account and am waiting to post something really good hopefully about the insurrection act, knowing I'll be banned. Yes on Amazon. Money and power corrupts absolutely.