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Donald Trump Twitter latest: President-elect wipes more than $2bn off Lockheed Martin stock value with tweet | |
(4 days later) | |
Donald Trump's Twitter account has been a source of laughter, shock and derision ever since he started tweeting in 2009. | Donald Trump's Twitter account has been a source of laughter, shock and derision ever since he started tweeting in 2009. |
Now the billionaire businessman has been elected leader of the free world however, his often bizarre tweets have taken on a whole new dimension. | Now the billionaire businessman has been elected leader of the free world however, his often bizarre tweets have taken on a whole new dimension. |
Despite efforts by his team to stop him tweeting during his campaign, the President-elect has continued much in the same vein since winning the US election (see below). Shortly after his victory he attacked the New York Times, called protests against him "unfair", and claimed he could have won the popular vote if he wanted to. | Despite efforts by his team to stop him tweeting during his campaign, the President-elect has continued much in the same vein since winning the US election (see below). Shortly after his victory he attacked the New York Times, called protests against him "unfair", and claimed he could have won the popular vote if he wanted to. |
Trump's latest tweet has had quite an impact. Railing against the cost of the government's fighter jet contract with Lockheed Martin, which has cost over $1tn, he tweeted: "The F-35 program and cost is out of control. Billions of dollars can and will be saved on military (and other) purchases after January 20th." | |
Lockheed Martin's share price has since dropped by as much as 4.6 per cent as the US market opened, knocking $3.5bn off their market cap. | |
They are the second business to be directly hit by a Donald Trump tweet in the last week, after the President-elect's attack on the cost on Boeing's Air Force One contract shaved around $1bn off their stock market value. | |
Follow Trump's latest tweets here: | Follow Trump's latest tweets here: |