Twitter just learned the hard way that banning President Trump from their platform wasn't a good idea.
In the first day of trading since they booted Trump, the social media giant saw their shares plummet by a whopping 6 percent.
They lost billions in market value in a single day.
Shares in the San Francisco-based company tumbled as much as 12 percent to $45.17 in the first trading session after it booted Trump from the platform on Friday, saying his account posed a “risk of further incitement of violence” after his supporters stormed the US Capitol on Wednesday. The stock pared the losses through the morning and fell 6.4 percent to close at $48.18.
That has to sting.
Friday of last week, Twitter decided to permanently ban the President, claiming he may further "incite violence" following the U.S. Capitol riot.
Twitter's decision sparked nationwide outrage among conservatives who are sick and tired of seeing their right to free speech being censored by tech companies.
The left is doing whatever they can to silence President Trump and try to prevent him from speaking to his millions of loyal supporters.
But they will not succeed. The movement Trump started is not going anywhere, that much I can assure you. It will only continue to get stronger as more people come to realize what is really happening in our country right now.
