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Al-Marsad Journal – Agencies: Twitter shares opened trading for the week down sharply by around 12% on Wall Street, amid controversy over the company’s decision to permanently shut down the US president’s account Donald Trump last Friday night. But the Twitter stock cut its declines during the session.
Twitter stock losses were estimated at $ 5 billion due to the steep drop in Monday’s session.
Facebook shares also declined, but to a lesser extent, after the company suspended Trump’s account until the 20th of this month.
Twitter had justified the decision to shut down the Trump account, which has approximately 88 million followers, for fear that the account could be used to incite violence, after the storming of the US Congress building last Wednesday.
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