News

Kylie Jenner Just Cost Snapchat Over A Billion Dollars

By HHL JT
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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?

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