The social media app is a favorite of President Donald Trump supporters, and it is removed from popular platforms after the Capitol incident. Google shares tumbled since it announced to remove the Parler app from its Play Store, saying the app fails to manage “egregious content.” Shares of Google plunged more than 2.24% on Monday as traders and market analysts are divided over whether the social media giants’ move is a necessary or draconian action. The stock price of Apple also fell more than 2.3% after removing Parler from its app store. The world’s largest technology giant announced to stop iPhone users’ access to the social media platform, accusing Parler of not taking necessary steps to stop “threats of violence and illegal activity.”
