Twitter shares slump 8% in Germany after Trump account suspension

The company said the suspension of Trump's account was due to the risk of further violence

A photo illustration shows the suspended Twitter account of US President Donald Trump. Credit: Reuters Photo

Twitter's German-listed shares slumped 8% on the first trading day after it permanently suspended US President Donald Trump's account late on Friday.

The company said the suspension of Trump's account, which had more than 88 million followers, was due to the risk of further violence, following the storming of the US Capitol on Wednesday.

The social media firm's US-listed shares were also off 8% in thin premarket trading on Monday morning.

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