Twitter Inc. (NYSE: TWTR) has changed its display picture and bio to expressed its solidarity with the Black Lives Matter Movement as the protest started across the US over the death of a Black man.
Twitter paid tribute to George Floyd by changing its profile picture. It also added the #BlackLivesMatter hashtag to its bio on its official Twitter account.
Earlier, the microblogging website has labeled the Tweet of President Donald Trump and hid it because of ‘glorifying violence’. Trump also signed the executive orders that ended social media legal immunity for third-party content.
The main Twitter accounts also retweeted the thread of Twitter Together to express solidarity with Black People. It stated that during the current COVID-19 pandemic this new protest has brought attention to the most important issue which is prevailing in the State. Black and Brown people are facing injustice and racism on a daily basis.
Racism does not adhere to social distancing.
Amid the already growing fear and uncertainty around the pandemic, this week has again brought attention to something perhaps more pervasive: the long-standing racism and injustices faced by Black and Brown people on a daily basis. 🧵 pic.twitter.com/8zKPlDnacY
— Twitter Together (@TwitterTogether) May 29, 2020
Twitter shares traded down 1.99% at $30.97 during the last trading session of Friday. It has a day low range of 30.29 and a day high range of 31.61. TWTR has recorded the trading volume of 39.43 million as contrasted to the average volume of 23.87 million.
TWTR has an operating margin of 7.30%, a gross margin of 66.80%, and a profit margin of 36.40%. It has a return on investment (ROI) of 12.80%, return on equity (ROE) of 14.80% & return on assets (ROA) of 10.10%.
#Black_Lives_Matter trending on Twitter and millions of people tweeted with the hashtag to express solidarity with the Black Lives.