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Twitter shares down over 2% in after-hours trading after Trump suspension

Stock Markets Jan 08, 2021 07:20PM ET
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2/2 © Reuters. FILE PHOTO: The Twitter logo and stock prices are shown above the floor of the New York Stock Exchange shortly after the opening bell in New York 2/2

By Ira Iosebashvili

NEW YORK (Reuters) - Shares of Twitter were down more than 2% in after-hours trading, moving lower after the company said it was permanently suspending U.S. President Donald Trump’s account due to the risk of further incitement of violence.

Shares of the stock recently traded at $50.20, down 2.4% from the closing price.

On Wednesday, Twitter temporarily blocked Trump's account, which had more than 88 million followers, following the siege of Capitol Hill by pro-Trump protesters, and warned that additional violations by the president's accounts would result in a permanent suspension.

Twitter shares down over 2% in after-hours trading after Trump suspension
 

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Comments (3)
Pwr Strk
Pwr Strk Jan 10, 2021 12:06PM ET
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dump the fascists!!!
Felipe Daniel
Felipe Daniel Jan 09, 2021 3:53PM ET
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Twitter/FB has never factchecked China CCP? Ask yourself why. Twitter/FB are not pro American
Sam Donald
Sam Donald Jan 08, 2021 11:09PM ET
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buy the dip
 
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