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Twitter Shares Fall Even More Following Trump Ban

Twitter shares—since President Donald Trump’s permanent ban—slid even more on Monday.

As of Monday at around 11:20 a.m. ET, the San Francisco-based company’s stock was trading at $44.96—dropping about 0.50 percent. Earlier in the day, shares were trading below $44.60.

On Jan. 6, during the Joint Session of Congress, the company’s shares were trading at $53.26. At this point, Twitter is down about 17 percent so far in 2021.

Last week, CNBC analyst Jim Cramer warned that Twitter’s stock could slide even further because of Trump’s ban.

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TexChik · F

Yes I deleted my account as have most of my friends ... they can get by without conservative dollars

Budwick · 70-79, M

@TexChik That's our girl!
Making a difference every day!

4meAndyou · F

It's not JUST because they banned Trump that their stock is sliding. It's because they ban THOUGHTS. They CANCEL thoughts that are not theirs, and DELETE them.

We, who are conservative, are showing them how we feel about that. And we are boycotting them.

75 million users boycotting them will be a huge drop in advertising.

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4meAndyou · F

@RogueLoner I am too non-aggressive to fight every day. It really gets to me at times...and it would not if I could go out more.

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OggggO · 36-40, M

Twitter are nazis for… banning nazis? How does that work?

SevIsPamprinYouAlways · 56-60, F

He’s really unhappy about this, otherwise I don’t think he’d care at all:

[image deleted]
And is this ironic, given his full-throated support of conservative principles, and condemnation of socialist ones, all because he’s outraged on Trump’s behalf?

[image deleted]
@OggggO

Ferric67 · M

I like Jim, I watch him regularly. But, he is an entertainer first.
Full disclosure, I am not on Twitter or snapchat or Facebook. Those sort of things have never enticed me, my everyday life is busy enough...I don't have a need to express myself to the masses through the Internet...since I do it so efeciently in person with those that are important to me. I do like this forum though because I am anonymous.
Now, I've watched stocks rise and fall before, only to se them get up and fly. Let's take Tesla. Four years ago I was begging anyone willing to listen to me to buy them. Long story short, anyone who listened would have made something like a 4000% profit. So, what is my point?
I've watched them crash badly over the years only to recover and gain. Twitter will recover, if anything I would take it as an investing opportunity...not that I agree with their politics, I am recognizing that it is an investing opportunity to buy cheaper shares.
When you evaluate stocks you look at their leadership stability, their costs, profits, debt, balance sheet, future projections and guidance. That, plus buyers vs seller, helps determine price....not an outgoing president.

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Budwick · 70-79, M

@Ferric67 And, what is BFT?

Ferric67 · M

@Budwick it's a SPAC that will merge with PaySafe, a company that basically controls money for online betting and gaming. Basically, at this moment you are getting it at a pre-IPO price. Once the merger goes through its easily going to double (some say triple), and that's when the real fun will begin. Look it up, Bill Foley Transimene (BFT).

Budwick · 70-79, M

@Ferric67 Cool

curiosi · 61-69, F

China will make up the difference in lost revenue.

EuphoricTurtle · 41-45, M

What's it called when you do something which you believe in knowing full well it may hurt you financially? 🤔

Budwick · 70-79, M

@EuphoricTurtle [quote]
What's it called when you do something which you believe in knowing full well it may hurt you financially? [/quote]

Obamacare?

SevIsPamprinYouAlways · 56-60, F

@Budwick

EuphoricTurtle · 41-45, M

@Budwick it's called integrity buttwipe 😆

smiler2012 · 56-60

{@budwick] what about the other media sites trump used to spew his self pitying bile that have now banned him have there shares slumped too 🤫

SevIsPamprinYouAlways · 56-60, F

[image deleted]

Harriet03 · 41-45, F

[image deleted]Blame your buddies bud!
✌🍷

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