German-listed Twitter shares have fallen 8% today, the first day of a trading session after US President Donald Trump's account was permanently suspended from last Friday.
According to the company, the suspension of Trump's account, which has more than 88 million followers, was due to the risk of terrorism following the US Capitol attack on Wednesday.
In addition, shares of US listed social media firms also fell 6.8% to $ 47.94 in the premarket trading session.
For everyone's knowledge, the situation is the first time Twitter has imposed sanctions on the head of state, sparking worldwide controversy over the effects that could affect US technology companies in particular the issue of freedom of expression and democracy.
Based on Twitter's balance sheet, the decision to block the US president is expected to have a moderate negative impact.
In addition, Facebook Inc is rumored to have suspended Trump's account until at least the end of his presidential term later this month.
