Donald Trump tweets about everything from his viewpoint on global warming to “military solutions” to threats from North Korea, and now an analyst has estimated that without the president Twitter could lose one-fifth of its value.
Monness Crespi Hardt analyst James Cakmak told Bloomberg that he believes the social media company would see as much as $2bn in market value wiped out if @RealDonaldTrump fled the platform.
“There is no better free advertising in the world than the president of the United States,” said Cakmak.
The analyst’s viewpoint is based on his belief that if Trump were Read full story ›
Source: The Drum