Reality TV star, Kylie Jenner tweets and Snapchat’s shares tumbles
By Sewe Ishola,
The influence that new mom and reality TV star, Kylie Jenner wields was powerfully shown recently, as a single tweet from her sent Snapchat shares tumbling on the stock market.
According to a report by Bloomberg, it took just one tweet from Stormi’s mom to do the job.
“Sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad,” Kylie Jenner wrote, and shares from the company sank 6.1%, losing $1.3 billion in value.
Millions of users of the social network have been complaining about the app’s most recent design, and it seems they aren’t alone, as Kylie’s tweet obviously showed.
She later tweeted about how the app was her first love but the damage had already been done.
See the tweets below:
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