Snapchat lost $1.3 Billion in stock value, Just because of a tweet

Yes, You read correct! stock value of Snap Inc. went down because of a TV star Kindle Jenner, Just because she tweeted something bad about the app

Just have a look at her tweet –

Shares in the social media company plunged by a massive six per cent, just hours after the reality TV star told her 24.5 million Twitter followers she is no longer a fan of the messaging app.

In response to the celebrity’s twitter message, Snap Inc said in statement that it understood the

“new Snapchat has felt uncomfortable for many”.

It said: “We hear you, and appreciate that you took the time to let us know how you feel. We completely understand the new Snapchat has felt uncomfortable for many.

But after sometime she tweeted –

Snapchat should update its app as soon as possible otherwise it will get in serious trouble.

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3rd culture kid,Based in Dubai,He loves meeting new people from different cultures and enjoys learning new things everyday.

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