Twitter and Facebook have seen $51 billion of combined market ...
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Insider Inc.
GmbH (Imprint
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Getty Images
Facebook
Twitter
Trump
GOLDMAN SACHS
Apple
Google
Parler
Amazon
competitorsStill
CNN
Markets Insider and Business Insider
World Bank
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NYC |
Phillip Faraone
Francois Mori/APFacebook
Donald Trump
Joe Biden
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Capitol
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WIRED25
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Summary
Phillip Faraone/Getty Images for WIRED25; Francois Mori/APFacebook and Twitter, the two largest social media platforms to permanently ban President Donald Trump for his role in last week's Capitol riots, saw $51.2 billion in combined market value erased over the last two trading sessions.Companies across sectors have responded to the president's rhetoric in recent days by pausing political donations, making statements decrying his inflammatory remarks, and pulling products with links to right-wing movements. By the time markets closed on Tuesday, Facebook's market cap sat $47.6 billion below its Friday level.Read more: GOLDMAN SACHS: Buy these 50 under-owned stocks that will roar higher as growth and inflation lift off in 2021
As said here by https://www.businessinsider.com/facebook-twitter-stock-price-trump-ban-capitol-riots-twtr-fb-2021-1