Twitter Shares Collapse After Trump Blocking

After the message of the microblogging network Twitter about the permanent blocking of the account of the outgoing US President Donald Trump, the shares of the company collapsed, according to the stock exchanges.

Shares plummeted 6 percent on the Moscow Stock Exchange, while preliminary trading on the New York Stock Exchange showed a 7.54 percent drop.

Twitter explained Trump’s eternal blocking by the fact that his messages are and are perceived as incitement to violence, including on the day of Joe Biden’s inauguration. Despite the fact that there were no specific appeals in the posts of the current head of state, his reaction to the storming of the capitol was perceived as support for the action.

In particular, the administration of the social network demanded to remove the message that the votes of 75 million Americans who voted for it will have a gigantic weight for a long time. Also, the leadership of Twitter did not like that Trump did not intend to go to Biden’s inauguration, that is, the service noted, the message claims that the elections were not legal.

Trump has used a personal account throughout his presidency, which has nearly 89 million subscribers. After deleting messages, he tried to write in the official account of the President of the United States, but the social network almost immediately deleted these posts.

In the near future, the Democrats intend to impeach the head of state, recognizing him as incapable of performing his duties. If successful, although a little more than a week is left until his term expires, this will prevent him from participating in new elections.

/Media reports.