Twitter Inc. TWTR,
suspends Donald Trump Jr.’s Twitter account for 12 hours after the President’s son shared a video in which doctors showed that hydroxychloroquine was being touted as treatment with COVID-19. There was initial hope that the antimalarial drug could help treat COVID-19 patients, but the Food and Drug Administration recently warned against its use in COVID-19 patients due to health risks. Social media companies, including Facebook Inc. FB,
BiederL from Twitter and Alphabet Inc.,
YouTube started to pull the viral video, which was shared by many accounts, including President Donald Trump’s. Twitter said that it is the account features for Trump Jr.’s account. during the 12-hour suspension, meaning he can’t send tweets, retweet messages, track users, or like messages. The company cited its policy that requires “the removal of content that may pose a risk to human health, including content that directly violates the guidelines of authoritative sources of global and local public health information” in a message that was sent to Trump Jr. shared by its spokesperson and then discussed by Twitter’s own communication-focused account. “According to the screenshot, the Tweet must be removed because it violates our rules (sharing misinformation about COVID-19), and the account will have limited functionality for 12 hours,” said the @ TwitterComms account. Twitter shares are up 1.1% during Tuesday’s session and are up 29% over the past three months as the S&P 500 SPX,
increased by 13%.