Snapchat allegedly lost $1.3 billion after Kylie jenners tweet pertaining their recent update

She had written in a Tweet, ‘Sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad,’

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

— Kylie Jenner (@KylieJenner) February 21, 2018

Shares in Snap – the app’s parent company – closed 6% down on the US stock market after Jenner’s post, which was in reference to a controversial recent redesign of the photo-sharing app. $1.3 billion was wiped out in market value.