Republican presidential hopeful former Arkansas Gov. Mike Huckabee announced he would suspend his campaign Monday night.

Huckabee announced his campaign's suspension in a tweet Monday night after a poor performance during Iowa caucuses.

"Thank you for all your loyal support," he said.

Huckabee came in at the bottom of the vast GOP presidential hopefuls at under 2 percent in the Iowa caucuses, according to the election returns.

As of Monday, Huckabee was polling at just 2.2 percent among Republicans.

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