Twitter kicked Donald Trump out and its stock surged to a record

Twitter has always commanded a cult-like following among investors, many of whom are passionate users of its platform, and now there are reasons for them to be excited. — Reuters

Many investors had thrown in the towel on Twitter Inc even before it made a move unlike just about anything a US company had ever done before – permanently banishing the sitting president from its service.

The exile of Donald Trump led to a short-term dip that sent the shares below where they opened in the company’s trading debut in 2013. It triggered predictions of massive losses in users among the 74 million Americans who voted for Trump and the 88 million Twitter accounts that followed him.