Kylie Jenner’s Tweet Cost Snapchat Billion Dollars

 

Socialite and Kim Kardashian’s half-sister Kylie Jenner’s tweet costed a billion dollar to Snapchat. The Snapchat parent company’s shares slumped to 7.2 percent on Thursday, which means USD 1.3 billion got wiped out in a market value. All this happened after Kylie posted a tweet expressing her disapproval over Snapchat redesign.

“Sooo does anyone else not open Snapchat anymore? Or is it just me … ugh this is so sad,” she posted. It may be noted here that, her tweet was like over 295,000 times. Though she later again tweet, ” “Still love you tho snap,” the damage was already incurred as the shares sank all-time low.

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