Title: Twitter loses $5 billion in market value after Trump is permanently barred from the platform | Markets Insider
Headings: Twitter loses $5 billion in market value after Trump is permanently barred from the platform
Twitter loses $5 billion in market value after Trump is permanently barred from the platform
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The ban followed Facebook's suspension of Trump for at least the rest of his presidency. CEO Mark Zuckerberg defended the decision in a Facebook post on Thursday, arguing that Trump appeared intent on using his account to undermine a peaceful transition of power and risked sparking more violence. Twitter stock likely fell because investors are worried the Trump ban will erode interest in the platform and lead to boycotts among those who see the decision as politically motivated and a way to silence a major conservative voice. Read more: A growth-fund manager who's beaten 96% of his peers over the past 5 years shares 6 stocks he sees 'dominating their space' for the next 5 to 10 years - including 2 he thinks could grow 100%
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