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President Donald Trump on Tuesday took his latest swipe at Twitter for what he says is unfair treatment, as he vowed to “reciprocate” against the European Union within the wake of Harley-Davidson’s report of a profit drop in the first quarter.
‘MORE AND FAIRER’ SOCIAL-MEDIA COMPANIES
Trump used Twitter, on which he has nearly sixty million followers, to attack the corporate and say “they don’t treat me well as a Republican.”
The press director of public policy for the U.S. told Congress that silencing any political perspective is “antithetical to our commitment to free expression.” Still, Trump urged lawmakers to be involved in overseeing the corporate and aforesaid, “Must be more, and fairer, companies to get out the WORD!”
The stock rose more than tenth in early trading Tuesday after beating earnings and topping sales estimates for its first quarter. That move conjointly pushed Twitter out of bear market territory, currently less than twentieth off its 52-week high.
Matt Maley, equity strategist at Miller Tabak, aforementioned that Twitter still seems like the social stock with the most upside even with Tuesday’s surge.
“Even although Snap and Facebook have seen a series of nice higher highs and higher lows, they’re obtaining much extended and much overbought,” Maley said.
Facebook has added nearly fortieth this year, whereas Snap has rocketed 117% higher, compared with Twitter’s thirty five gains.