Name: Twitter shares drop after Trump account ban
Uploaded: 2021-01-11T18:31:00.000Z
Duration: 1 min 27 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

shares of Twitter dropped 11% in early trading Monday, knocking more than $3 billion off its market value.

Some investors dumped their shares after the social media company suspended President Donald Trump's popular account on Friday, citing the risk of further violence after he helped provoke a riot at the Capitol.

Traders pointed two sides that the social media shut out of.

Trump was further fueling calls to tighten regulation on big tech European Union Commissioner Terry Britain.

Compare the storming of the capital to the global crackdown on terrorism after the 9 11 attacks.

Writing in Politico The fact that a CEO can pull the plug on POTUS is loudspeaker without any checks and balances is perplexing.

Other tech giants such as Facebook, Google, Apple and Amazon have also taken their strongest actions against Trump to limit his reach.

Their shares also declined Monday, but not by as much as Twitter's.

 Trump had more than 88 million followers on Twitter, and analysts say many of those eyeballs will go away if Trump is permanently banned. 