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Kylie Jenner's tweet wipes out $1.3bn of Snapchat's value

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Kylie Jenners tweet wipes out $1.3bn of Snapchats value

The reality TV star has 24.5 million followers on Twitter.

Published: Fri 23 Feb 2018, 6:51 AM

Updated: Fri 23 Feb 2018, 10:31 AM

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Reality TV star Kylie Jenner's tweet brought Snapchat's market value crashing down as social media users and Wall Street moaned over Snapchat's recent upgrade.
Jenner, who has 24.5 million followers on Twitter, on Wednesday tweeted asking if anyone actually used the app anymore.  

On Thursday, the stock price of Snap, Snapchat's parent company, fell about 6 percent closing at $17.51. That represented a $1.3 billion loss in value, according to CNN Money.
She also put out a tweet later - "Still love you tho snap.. my first love.  



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