Stock To Dump: Twitter
Trump has tweeted more than 56,000 times since creating his account in 2009. He had an audience of 88.7 million followers prior to his suspension, with his tweets regularly attracting tremendous traffic and engagement.
Trump reiterated his call to repeal Section 230 of the Communications Decency Act, a law that protects tech companies from being held liable for what users post on their platforms and for moderating them.
Taking this into consideration, TWTR shares look set to remain on the backfoot in the coming week as it faces mounting challenges ahead, both on the user-engagement front as well as growing regulatory concerns.
Source: investing.com
https://www.investing.com/analysis/1-st ... -200554404