Snapchat Loses $1.3bn After Kylie Jenner’s Tweet
Snapchat’s parent company lost some $1.3 billion in market value on Thursday after reality star Kylie Jenner’s tweeted that she was no longer using the messaging service.
“sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad,” Jenner tweeted.
She later followed up with “still love you tho snap … my first love,” but the damage may already have been done.
Snap Inc.’s shares fell by over six percent in Thursday trading, a loss of about $1.3 billion in market capitalization.
Jenner has huge followings on various social media platforms, including Twitter and Instagram.
She gave birth to a daughter this month, and her Instagram post announcing the pregnancy quickly became one of the most liked posts of all time on the social media platform.
More Stories
ENTERTAINMENT: ‘YOU SHOULD’VE REJECTED THE AWARD’- Do2DTUN BLASTS TYLA OVER MTV AWARD ACCEPTANCE SPEECH
Nigerian On-Air Personality, OAP, Do2dtun, has blasted South African singer, Tyla, over her acceptance speech at the 2024 MTV VMA...
FUNKE AKINDELE RAISES ALARM, SAYS WHATSAPP SCAMMER USING HER PICTURE TO SOLICIT FUNDS
Popular Nollywood actress and filmmaker Funke Akindele has recently called out a scammer identified as Prosper on her X handle....
P-SQUARE’S PETER DENIES REPORTING TWIN BROTHER, PAUL TO EFCC, LAMENTS ALLEGED FRAUD WITHIN FAMILY
Peter Okoye, popularly known as Mr. P, has refuted claims made by his twin brother, Paul Okoye (Rudeboy), that he...
VIDEO: FUNKE AKINDELE PARTNERS LAGOS FIRE SERVICE IN NEW MOVIE
Renowned Nollywood actress, Funke Akindele is set to feature the Lagos State Fire and Rescue Service in her upcoming film,...
2024 BET AWARDS: FULL LIST OF WINNERS AS TEMS, TYLA WINS BIG
On Sunday night, Nigerian singer, Tems emerged as a winner at the 2024 BET Awards, held at Los Angeles’s Peacock...
FAKE NEWS: NYSC DEBURNKS VIRAL STORY CLAIMING TORTURE OF ZAMFARA CORPS MEMBER
The National Youth Service Corps (NYSC) has denied a viral story narrating that a teaching corps member was brutally assaulted...