📢New Era: News (Due to one Tweet from Kylie Jenner, Snapchat lost $ 1.7 billion)

in #news7 years ago (edited)

Wall Street grabbed panic after the tweet, as Snapchat's shares lost nearly eight percent of the value, or about $ 1.7 billion.

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Only one tweet from American TV star of reality television, Kylie Jenner, on her Snapchat's account, caused the crash of shares of this popular application and social network on Thursday, according to foreign press agencies.

Jenner's half-sister Kim Kardashian, who apparently became more influential and more popular than her older sister - has, like many other users issue with the latest major update of Snapchat. On Twitter, she was wondering if she was the only one who was no longer using Snapchat after the update.

Later, "Queen of Snapchat" tweeted that it remains her first love and that she still loves it, but in the meantime there has already been an earthquake on the stock market. Wall Street obviously grabbed panic because Snapchat shares lost nearly eight percent of the value, or about $ 1.7 billion. At the end of the trading day, the shares were on minus six percent.

Nevertheless, Snapchat's first man, Evan Spiegel, is probably laughing, as they just announced on Thursday that he earned an unbelievable $ 638 million last year, mostly through the sale of shares in Snapchat.


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