5/1, 7:28 AM (Source: TeleTrader)
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Chart for: Twitter Inc

Trump says Twitter stock drop is due to bans

Former United States President Donald Trump commented on Twitter’s 15% drop in share price, stating its "results are no longer cutting it for investors." He implied the slump was caused by the social network’s decision to ban a number of profiles, including his own, for breaching its rules.

"Bad forecasts are hurting the outlook but more importantly, in my opinion, it has become totally BORING as people flock to leave the site," Trump said in a statement. "I guess that’s what happens when you go against FREEDOM OF SPEECH!" Twitter published its quarterly earnings report on Friday, announcing its revenue was up 28% on a yearly basis, although the number of added users fell short of expectations.

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