Twitter became an outsider of S&P 500

Twitter's shares have shown the steepest decline of all companies in the S&P 500 Index. Since the beginning of the year, they have fallen by more than 10%, while the index itself over the same period has added 2,5%. Investors sold off the social network after it began detecting political leanings and blocked the account of Donald Trump (then still the current U.S. president) as well as the accounts of his many followers. According to Rosenblatt Securities, the move would negatively impact Twitter's financial results this year. On their correction at the social network's management has little time left, analysts say. Argus Research says that Twitter is likely to lose millions of users who have been actively using the platform. Facebook also shows negative dynamics. Last week, its securities on NASDAQ lost over 8% since the beginning of the year after a similar ban on its part, as well as the announcement that the personal data of WhatsApp users would be transferred to Facebook (which owns the messenger). It should be noted that Facebook management promptly took action after significant losses in capitalization (-$41 billion) following the blocking of Trump's account, and unblocked it early without any comment.