Snapchat Follows In Twitter's Footsteps To Permanently Boot Out Donald Trump

Snap Inc.’s SNAP social media platform Snapchat said late Wednesday it is permanently banning the account of outgoing President Donald Trump.

What Happened: Snapchat had announced last week it was indefinitely suspending Trump’s account while it assessed the appropriate long-term course of action.

A company spokesperson now told Axios that "in the interest of public safety, and based on his attempts to spread misinformation, hate speech, and incite violence, which are clear violations of our guidelines, we have made the decision to permanently terminate his account.”

Why It Matters: The outgoing president was also permanently banned by Twitter Inc. TWTR earlier this month in the aftermath of his supporters rioting at the Capitol Hill.

Facebook Inc.’s FB namesake social media platform and Instagram, alongside Alphabet Inc. GOOGL GOOG imposed temporary bans.

Parler, a social media platform popular among Trump supporters, was also forced to shut down, with Google, Apple Inc. AAPL, Amazon.com Inc. AMZN banning it from accessing their platforms and services.

Price Action: Snap shares closed 5.3% lower at $53.43 on Wednesday and traded about 0.4% higher in the after-hours.

See Also: Donald Trump Is The First US President To Be Impeached Twice

Photo courtesy: Gage Skidmore via Flickr