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The New York Post: Did a Kylie Jenner tweet really prompt Snap shares to tumble?

Oh Snap!

Snap Inc. SNAP, -6.06% stock took a nosedive Thursday — after Kylie Jenner announced she’s stopped using the Snapchat app.

The stock fell 6% — or around $1.3 billion in market value — following the news that one of its most influential users just isn’t feeling the image-sharing program anymore.

“Sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad,” Jenner tweeted to her 24.5 million Twitter followers Wednesday.

sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.

— Kylie Jenner (@KylieJenner) February 21, 2018

>>> Original Source <<<

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