How Kylie Jenner wiped $1.3 billion off Snapchat’s market value

How Kylie Jenner wiped $1.3 billion off Snapchat’s market value

This week, bitcoin has encouraged crime across the globe, and Kylie Jenner nearly killed Snapchat. Read below.

How Kylie Jenner nearly snapped Snapchat

“Sooo does anyone else not open up Snapchat anymore? Or is it just me… ugh, this really is so sad,”

These were the words of a tweet by Kylie Jenner reality TV star of the Keeping-up With the Kardashians fame.

Related: How to Delete Snapchat Account

Based on a report, this apparently safe tweet sank Snap’s shares 7.2% lower wiping out nearly $1.3 billion of its market value.

Nobody is sure if Kylie Jenner hasn’t opened up the app due to her pregnancy or Snapchat’s much-hated redesign. Either way, her 24.4 million followers all nodded in agreement and it sent Snap’s stock tumbling down.

Leave a Reply