Twitter Shares Fall 7% Following Permanent Trump Ban
- Platform confirmed move in blog post after Capitol violence
- Ban shows Twitter is making editorial decisions, says analyst
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Twitter Inc. shares fell 7% in pre-market trading after the social media platform permanently banned outgoing President Donald Trump.
The company confirmed its decision in a blog post on Friday, saying Trump’s tweets breached policies by risking incitement to violence. It cited his posts on the riots in the U.S. capital last week.