President Trump blasted Twitter as a “BORING” platform Friday after the company’s stock tumbled from missed growth expectations. This from thefederalist.com.
“Twitter stock ‘plunged’ as results are no longer cutting it for investors,” Trump wrote in a statement Friday night, as shares dropped 11 percent since after trading hours on Thursday.
Shares are off 15% today. Bad forecasts are hurting the outlook but more importantly, in my opinion, it has become totally BORING as people flock to leave the site. Michael Nathanson stated, ‘the math doesn’t make sense’ as he lowered his price target. I guess that’s what happens when you go against FREEDOM OF SPEECH! It will happen to others also.
Parler meanwhile, a free speech branded alternative to Twitter, went temporarily offline after Silicon Valley tech giants worked in concert to take down the competitor. Apple and Google stripped Parler from their app stores and Amazon removed the platform from its web hosting service.
While Twitter’s first-quarter earnings beat expectations, the company missed a new user goal, sending stock tumbling downward. Will the fall continue? We certainly hope so.
What say you Def-Con News readers? Get woke, go broke. When those who depend on the sales of a product or service for their livelihood “get woke” to what media is calling politically correct actions, their consequent response typically results in a massive loss of income. Will these knuckleheads ever learn?