
Please try another search
Shares of Twitter Inc. (NYSE:TWTR) surged 11.02% to close at $24.68 on Dec 18, following the company’s decision of enforcing the rules announced last month to handle content that promotes violence, hatred and harassment.
Per the blog post by Twitter, “Specific threats of violence or wishing for serious physical harm, death, or disease to an individual or group of people is in violation of our policies.”
Twitter revealed that accounts of organizations that promote violence or content that “glorifies violence or the perpetrators of a violent act” will be removed from the platform. Frequent violations of rules will result in permanent suspension of accounts, the company warned.
Twitter also added that accounts that engage in derogatory and hateful remarks “to silence another person’s voice” through abusive profile information in the form of username, display name or biography will be permanently suspended.
Images promoting abhorrence on the basis of race, caste and creed, disability or sexual orientation will also be removed from the platform.
As part of Twitter’s move to create a “safer environment”, it suspended the accounts of far-right group Britain First along with the profiles of its leaders Jayda Fransen and Paul Golding.
Moreover, Twitter users can now report profiles that they consider offensive as against reporting only individual posts previously.
Notably, shares of Twitter have gained 51.4% year to date, outperforming the industry’s 34% rally.
Zacks Rank & Key Picks
Twitter carries a Zacks Rank #2 (Buy).
A few better-ranked stocks in the broader technology sector include IPG Photonics Corporation (NASDAQ:IPGP) , NetApp Inc. (NASDAQ:NTAP) and NVIDIA Corporation (NASDAQ:NVDA) , all sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks Rank #1 stocks here.
Long-term earnings growth rate for IPG Photonics, NetApp and NVIDIA is projected to be 12%, 11.3% and 10.3%, respectively.
Zacks Editor-in-Chief Goes "All In" on This Stock
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.
At the end of February, Lululemon (NASDAQ:LULU), DoorDash (NASDAQ:DASH), and Ulta Beauty (NASDAQ:ULTA) were among the Most Upgraded Stocks tracked by MarketBeat. Investors should...
The markets have been sluggish this week as investors hope for a jolt later in the week when AI juggernaut NVIDIA Corporation (NASDAQ:NVDA) reports fourth quarter and year-end...
On Friday, a wave of selling pressure swept across the US equity markets, leaving a trail of losses. The S&P 500 closed down 1.7%, the DOW slid 1.69%, and the NASDAQ tumbled a...
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.