Social media stocks were taking a hit Monday, with Facebook (FB) – Get Report and Twitter (TWTR) – Get Report prominently in the spotlight.
Following last week’s events at the Capitol Building in Washington, Twitter and Facebook made the decision to suspend President Donald Trump’s accounts.
Others have joined the move too, with companies also taking to Parler and effectively knocking that offline as well.
As one would expect, these decisions have created controversy and investors are seeing the stocks pay the price on Monday. Read more…..
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