Snapchat is dead, according to Kylie Jenner.
The 20-year-old may have unintentionally sank Snapchat’s stock by a value of $1.3 billion — yes, billion with a B — after publicly complaining about the social media platform’s much-derided update.
The reality star tweeted Wednesday, saying she doesn’t use the social media app at all or as much as she did before. And less than 24 hours after that tweet, Snapchat’s shares tanked by as much as 7.2% … equaling a whopping $1.3 BILLION loss. Coincidence?
“sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.”