Why Twitter Needs President Trump More Than Trump Needs Twitter

Why Twitter Needs President Trump More Than Trump Needs Twitter


Twitter stock fell by as much as 12% on Monday after the social-media company permanently suspended President Trump’s account on Friday evening. The stocks dropped 6.4% at the close of trading

The decline resulted in the social media giant losing $5 billion in market capitalization, according to Market Insider.

Twitter stocks drop by as much as 12 percent Monday after permanently deleting Trump's account | Just The Newshttps://t.co/ThCi6cEutj

Trending: Here’s Why It’s Not Over….and Why It Always Had To Be The Military

— John Solomon (@jsolomonReports) January 11, 2021

This is not the first time, Twitter has struggled.

In 2016, Twitter was losing customers, and its stock was falling.

On February 10, 2016, a CNN headline read:

Twitter Is Losing Customers And Its Stock Is Falling.

The social media company reported Wednesday that it lost 2 million users in the last three months of 2015. Shares plummeted as much as 12% in after-hours trading.

In an article on January 26, 2016, The Verge headline reads:

Is Twitter Doomed? 

It

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