People are trying too hard to make this a "thing." If you look at it in terms of a few days, sure, but you zoom out and the loss is insignificant. Oct 29th had a far bigger loss.
I'd argue if anything this entire episode has proven Twitter's public impact (good or bad, it is HIGH). I'd say "buy the dip" but per above the drop isn't significant enough to really get overly excited about either way.
If twitters public impact is high, why would foreign governments allow them to operate in their country? It’s banned in China, and Uganda also banned social media prior to the election.
This is not good for user growth, which is what twitter relies on to make money (eye balls for advertisers)
Also wonder what would happen if you just capped the number of max followers one can have or charged for shares, introducing some scarcity or locality. I once thought about making one where posts have to be paid for in some virtual currency that's limited per month but given how much it violates every expectation people have of social interaction now it'd probably go down like a lead balloon.
Shopify has risen, not sure why.
Fiskars stock has gone UP which is surprising because their sales of Pitchforks must have surely plummeted after the bans.
From the third sentence of the article:
> "The decline erased $5 billion from Twitter’s market capitalization"