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Twitter Loses $5 BILLION in Market Share as Stock TUMBLES After Platform Bans President Trump
The DC Patriot ^ | 11 Jan 21

Posted on 01/11/2021 11:15:13 AM PST by BlackFemaleArmyColonel

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?


TOPICS:
KEYWORDS: stockmarket; twitterstock; twittertrump
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To: BlackFemaleArmyColonel
check out the fast demise of Facebook today:
Facebook sees $34 billion erased from market cap as Trump-ban fallout continues to spook tech investors
101 posted on 01/11/2021 12:18:31 PM PST by j_guru
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To: BlackFemaleArmyColonel

Let’s shut down Twitter..
We need to fight back against these communists.

MAGA


102 posted on 01/11/2021 12:20:55 PM PST by Pearfect
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To: nutmeg

Use seperate email for each account.


103 posted on 01/11/2021 12:27:51 PM PST by gunsequalfreedom
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To: BlackFemaleArmyColonel

Twitter should be shut down for flagrant censonship of conservatism by the FCC.


104 posted on 01/11/2021 12:28:24 PM PST by maxwellsmart_agent (EQ)
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To: patriot torch
" I know what happened to the last traitor that accepted his thirty pieces of silver..."

And I know what happened to the Senators that stabbed Caesar.

105 posted on 01/11/2021 12:32:19 PM PST by The Duke (President Trump = America's Last, Best Chance)
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To: BlackFemaleArmyColonel

Would like to know how Friday’s short volume compared to the trend.


106 posted on 01/11/2021 12:33:17 PM PST by NonValueAdded (We Are All South Vietnamese Now. The last chopper has flown and the reeducation camps await.)
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To: BlackFemaleArmyColonel

They don’t care. Biden’s puppet masters will give these companies trillions of tax dollars.


107 posted on 01/11/2021 12:47:03 PM PST by Organic Panic (Flinging poo is not a valid argument)
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To: BlackFemaleArmyColonel

Using Amazon is now an act of treason. You are aiding and abetting the enemies of America if you do.


108 posted on 01/11/2021 12:47:06 PM PST by freedomjusticeruleoflaw (Strange that a man with his wealth would have to resort to prostitution.)
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To: locofoco

Let them know you you’ll be renting AB&B’s....
________________________________

You mean these guys? Count me out..... by the way, this is a sampling that took two minutes to put together. I’m at the point where so many businesses tick me off that I’m just going to take my RV.

https://thehill.com/blogs/pundits-blog/technology/313327-airbnb-leaves-trump-supporters-out-in-the-cold

https://community.withairbnb.com/t5/Airbnb-Open/AirBnB-Please-Stop-Political-Grandstanding/td-p/590145

https://www.cnbc.com/2018/01/30/airbnb-trolls-president-trump-ahead-of-the-state-of-the-union.html

https://nypost.com/2020/11/13/airbnb-cancels-alleged-proud-boys-reservation-ahead-of-trump-rally/


109 posted on 01/11/2021 12:47:38 PM PST by hecticskeptic
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To: freedomjusticeruleoflaw

I hate to break this to you, but if you engage in any business activity you are in some way, even indirectly “using” Amazon, their tentacles reach everywhere.


110 posted on 01/11/2021 12:49:33 PM PST by dfwgator (Endut! Hoch Hech!)
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To: UScbass

How to deactivate your account

1 Click on the More icon and then click on Settings and privacy from the drop-down menu.

2 From the Your account tab, click on Deactivate your account at the bottom of the page.

3 Read the account deactivation information, then click Deactivate


111 posted on 01/11/2021 12:51:15 PM PST by lwd
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To: lwd

Barely used Twitter since signing up, but reset my password today so that I could log in and cancel it.

I’m just a drop in the ocean of their base, but there’s no way I can stand the thought of being in any way associated with them.


112 posted on 01/11/2021 12:52:32 PM PST by Made In The USA (Ellen Ate Dynamite Good Bye Ellen)
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To: Sacajaweau

It’s amazing isn’t it? I have now learned to live without Fox News and Facebook. Talk about something that’s been non-essential all along. My Sunday screen time report had me down 70% for the week.


113 posted on 01/11/2021 1:01:13 PM PST by jersey117
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To: BlackFemaleArmyColonel

The interesting thing is that silencing conservatives on Twitter is worth five billion to them.


114 posted on 01/11/2021 1:15:08 PM PST by \/\/ayne (I regret that I have but one subscription cancellation notice to give to my local newspaper)
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To: BlackFemaleArmyColonel

Was down 11% this AM, but that was before RUSH decamped, what his 43M listners do will change that.


115 posted on 01/11/2021 1:18:38 PM PST by GailA (Constitution vs evil Treasonous political Apparatchiks)
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To: BlackFemaleArmyColonel

There are more than a few peed-off investors out there today. Jack be messing with their retirement.


116 posted on 01/11/2021 1:40:41 PM PST by moovova
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To: rktman; BlackFemaleArmyColonel
NOT enough!

That’s true, but it’s a good place to start. 👍 Hopefully, the downward slide will continue to get bigger. These skanks always seem to overplay their hand.

117 posted on 01/11/2021 1:42:23 PM PST by Mark17 (USAF Retired. Father of a US Air Force commissioned officer, and trained Air Force combat pilot. )
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To: jstolzen
Never a good business strategy to seriously piss off HALF of your customer base.

Maybe it's not a business strategy. Look at how long the non-comedy late night shows have hung on.

118 posted on 01/11/2021 1:42:57 PM PST by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: BlackFemaleArmyColonel

Five billion. What do you call that? A good start!


119 posted on 01/11/2021 1:46:42 PM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized man. Support Israel.d)
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To: BlackFemaleArmyColonel; All

Virtually everyone who bought into Twitter longer than 33 days ago is still in the green.

This is not any big deal to Twitter or it’s stockholders, as of yet. Twitter and a larger correction than this and then new record high all in the last 90 days.

Nothingburger, so far. It actually opened down about 12% and people bought it up all day.


120 posted on 01/11/2021 1:48:05 PM PST by SaxxonWoods (Donald J. Trump is the rightful President of the USA and his own party won't admit that.)
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