Twitter shares fall 7% following permanent ban on Donald Trump

Twitter shares fell 7 per cent 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 US capital last week.It’s a watershed moment for technology platforms that have faced conflicting pressures on one hand to restrict misinformation and hate speech, and defend free speech on the other.

Twitter was Trump’s preferred channel for amplifying attacks on his rivals, spreading conspiracies and provoking other nations.

Mirabaud analyst Neil Campling said