Twitter shares collapse nearly 20% after Donald Trump's harsh criticism



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Social networks are being watched by investors after the spectacular rally they've accumulated in recent years on Wall Street

The severe critic who launched Donald Trump against the company of birds and the results published by the social network flow near from 20% shares in Wall Street futures. The technology sector, and especially the social media sector, is under special scrutiny after the spectacular rally that has accumulated in recent years on Wall Street.

This is the second negative wave affecting the company, which is viewed by analysts as an overreaction on the part of investors.

"The market is overreacting ," said Michael Pachter, an analyst at Wedbush. "If the active accounts were eliminated or suspended, the affected users would complain."

At the moment of finding an explanation, the one that generates the most consensus is one that with policies of these characteristics would set limits to one of the biggest attributes of the company, which is the growth in the number of # 39; s users.

"The common investors are hypersensitive to any hat that slows the speed of Twitter, since the stock has had a considerable increase over the last six months "Says Daniel Ives, an analyst at GBH Insights." We see a minimal financial impact right now. "

For his part, Bloomberg Intelligence Analyst, Jitendra Waral, warned that the" volume of 39; elimination of false accounts, ] although good in the long run, generates uncertainty in the growth expectations of users in the short term ".

It should be noted that the President of the United States, Donald Trump accused Twitter on Thursday of restricting the visibility of Republicans on his platform, without [19659005] Trump's comments follow a Wednesday vice-presidential report that the visibility on Twitter of Republican National Committee President Ronna McDaniel and other Republicans, including including spokesman Donald Trump Jr., is limited.

"The notion that social media companies would suppress certain political views should worry to all Americans, Twitter should respond publicly to what is really happening," McDaniel wrote on Twitter.

Twitter says the technology used is based on [194] 59008] user behavior and not political opinion

Twitter instituted a policy change on July 12 to increase credibility of the service and reduce the suspicion of fraud. ] This change cost its top 100 users the 2% of its subscribers, on average, according to the Keyhole social networking data company.

The Washington Post reported that the rate of suspension of accounts of the company more than doubled since October 2017, and that Twitter has disabled more than 70 millions accounts in May and June.

Change cost the former president Barack Obama 2 million followers in the morning after the change and the singers Katy Perry and Justin Bieber lost 3 million each, reported the Washington Post, citing the company's Twitter Counter analysis.

The report says that the count Trump lost more than 200,000 of his 53 million followers.

First it was Facebook, now it's time to turn to Twitter

The news of the week on Wall Street was undoubtedly the collapse of quotes from the company created by Mark Zuckerberg, who rushed into closing the stock market, but that materialized in the wheel Thursday

the fall of yesterday from Facebook has reached historic highs. It was the largest decline, in terms of capitalization, never recorded on Wall Street.

In one session lost $ S 120,000 million the result of a 19% collapse at the end of the regular day

The bearish wave is moving today To another social network listed on the New York Stock Exchange. The shares of Twitter, as yesterday with Facebook, sometimes rub shoulders 20% decline on Wall Street futures.

Their titles fall well below the level of 40 dollars. Despite recording a similar blow, the loss in terms of capitalization differs radically from that suffered by Facebook.

At the end of yesterday, Twitter had a market value of US $ 33.280 million. A fall of 19% recorded during the previous session by Facebook would mean a loss of about $ 6,300 million.

Investors began to collect the profits accumulated on Twitter the last year following the publication of its quarterly results, and coinciding with the threats launched by US President Donald Trump, a leading user of the social network.

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