From Twitter

Kylie Jenner’s tweet results in a $1 billion loss for Snap Chat on the stock market

From Instagram

Fashion mogul Kylie Jenner did some damage to the stock market Thursday afternoon.

To be exact, her actions directly resulted in $850 million dollar loss on wall street at the expense of Snap Chat.

Aftet tweeting her annoyance with the wildly popular Snap Chat application, the company actually experienced an estimated $1 billion dollar loss in market value.

From USA Today

“The company’s stock dropped 8%, at one point wiping nearly $1.5 billion from the company’s market value. 

A late rally has since helped lessen the blow with the company closing Thursday down just over 6%, a drop of over $850 million in value”.  


Kylie Jenner‘s brand skyrocketed thursday afternoon.
After inflicting a devastating loss in market value on Snap Chat just by tweeting, the brand new mother proved she is one of the most powerful media personalities in America



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