News

Kylie Jenner Just Cost Snapchat Over A Billion Dollars

By HHL JT

Hip Hop baby mama Kylie Jenner is a big deal on social media.

So big that when she criticized a certain social media platform which just underwent a big redesign she sent its stock plummeting.

 

That was yesterday after the stock market had closed. This morning, Snapchat opened down 7 percent. That was in contrast to the rest of the market, which opened significantly higher.

The decline in Snapchat's stock price resulted in a loss of $1.3 billion in market cap.

Kylie tried to make things better after she posted the initial Tweet, but it was too late.

Are you still checking Snap after the redesign?

Posted In: News

Discuss

News Mac Miller Will Be Buried At Cemetery From "Nike's On My Feet" Video / News News 50 Cent Explains Why Eminem's MGK Diss "Killshot' Is Bittersweet For Him / News News Eminem Explains Why He Attacked Tyler The Creator / News News Beastie Boys Comment On Eminem Using Their License To Ill Cover For "Kamikaze" / News News Young Dolph Calls Out Fans & Industry For Hypocritical Reaction To Mac Miller's Death / News News XXXTentacion's Sister Says His Murder Was An Inside Job / News