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The short message service Twitter plans three months before the midterm elections to reactivate its functions that are intended to prevent false and misleading posts. This reinstates a policy introduced in 2018 that prohibits users from posting misleading content to discourage voters from voting.
Claims intended to undermine confidence in the election are also prohibited. This includes misinformation regarding the election result. Twitter permanently banned ex-President Donald Trump from the social network last year because of the risk of inciting violence.
The Republican maintains to this day, without providing any evidence, that his victory in the 2020 presidential election was stolen from him. In his December 19, 2020 tweet, Trump wrote, “Come on everyone, it’s regarding to get wild,” and called on his supporters to reconcile themselves to rally to Washington on January 6, 2021 for a “major protest”. Trump supporters had stormed the Capitol at the time.
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By enabling these rules, Twitter wants to prevent these events from happening once more. The midterm elections on November 8th are regarding all 435 seats in the US House of Representatives and regarding a third of the 100 seats in the US Senate.
Twitter stock with robust recovery
Twitter’s stock is still in a medium-term downtrend, but has recovered significantly since the July low. The MACD (Momentum) is also picking up, at the same time the 200-day moving average (red) was exceeded. However, the downtrend line is still around 10 percent away and would only be breached if it breaks above $50.
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