A Single Trump Tweet Reveals the Market Power of Social Media

A recent tweet from Donald Trump plummeted the value of Lockheed Martin's stocks. What implications does this hold about the economic influences of social media? 

A recent tweet by Donald Trump criticizing the costliness of Lockheed Martin's F-35 program caused its stock to plummet by about $3.5 billion. The effects were not only immense but also immediate: The Independent reported Boeing fell by 1.5% after the tweet.

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Politics & Current Affairs