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Twitter Drops 10% After Banning Trump

2021-01-11 87 Dailymotion

On Monday, Twitter's stock price tumbled as much as 12%.<br />The company lost $5 billion from its market capitalization.<br />The fall comes after Twitter permanently suspended President Trump's account.<br />"We have permanently suspended the account due to the risk of further incitement of violence," Twitter said.<br />Trump has generated enormous publicity for the platform with his controversial and incendiary tweets over the past six years.<br />He once boasted around 88 million followers before the ban.

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