Twitter Shares Drop by 8%

Twitter shares in Germany fell by 8% this week, following the suspension of former U.S. President Donald Trump's account.

The company explained that the reason for suspending Trump's account was due to fears of further violence after the storming of the Capitol in the U.S. Last Friday, Twitter's stock also dropped during the final hours of trading on the U.S. stock market, influenced by the company's decision to close Trump's account. The company had warned that further violations by the former president's account would lead to a permanent suspension, which indeed occurred on Friday.

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