Twitter is seeing the first signs of financial consequences after their purge of Trump late last week.

Shares were down over 8% in the premarket on Monday. Facebook shares are also down.

And I just have to say...

Trump had nearly 90 million followers on Twitter. And back in 2017, analyst James Cakmak estimated Trump was worth as much as $2 billion in market value to Twitter!

So you know they ran the numbers and the risk before going nuclear on Trump. Crazy that they did it anyway.

We'll see how that strategy works out.

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