Snapchat Lost $1.3 Billion After Kylie Jenner’s Tweet
24 February 2018 |
5:00 am
Talk about social influencers. New mom, Kylie Jenner tweeted her opinion on Snapchat and it had a tremendous negative effect on the stock of Snapchat. See the tweet below sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad. — Kylie Jenner (@KylieJenner) February 21, 2018 Within…
Talk about social influencers.
New mom, Kylie Jenner tweeted her opinion on Snapchat and it had a tremendous negative effect on the stock of Snapchat.
See the tweet below
sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.
— Kylie Jenner (@KylieJenner) February 21, 2018
Within a short while, Snapchat’s company, Snap, plummeted to 8.5% and stock closing down by 6% by Thursday night. What this means is that her tweet cost Snap, $1.3 billion. Writing “Still love you tho snap … my first love” in another tweet did not save Snap‘s stock.
still love you tho snap … my first love
— Kylie Jenner (@KylieJenner) February 21, 2018
**Reuters (Video)
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