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Oh, Snap! A Tweet From Kylie Jenner Just Cost Snapchat $1.3 Billion

Jenner has a huge following on various social media platforms, including Twitter and Instagram.

Los Angeles: Kardashian clan member and reality star Kylie Jenner's tweet has cost Snapchat a bomb! Snapchat's parent company lost some $1.3 billion in market value on Thursday after Kylie Jenner tweeted that she no longer opens the Snapchat app. Jenner has been one of Snapchat’s most influential users and has a huge following on Twitter and Instagram. She later followed up with another tweet but the damage had already been done. Hours later, shares of Snap fell as much as 7% in trading resulting in the company shedding over $1 billion in market value, bringing its total market cap to about $22 billion. Users were left surprised and confused after this revelation
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