Kylie Jenner 
GoingViral

Snapchat stock loses USD 1.3 billion after Kylie Jenner tweet

Earlier this month, model Chrissy Teigen tweeted: “How many people have to hate an update for it to be reconsidered?”

migrator

California

Kylie Jenner is not happy about Snapchat’s new redesign.

Snap stock closed down 6% on Thursday after the reality TV star said she is no longer using the app. The plunge wiped about USD 1.3 billion off the company’s market value.

Jenner has been one of Snapchat’s most influential users.

“Sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad,” Jenner tweeted on Wednesday.

Later she tweeted out a statement stating, "still love you tho snap ... my first love".

But the damage had already been done!

Snapchat has been under fire from users who have criticized the app’s new layout for being too confusing to navigate. Over 1.2 million people have signed a petition on Change.org asking Snapchat to remove the redesign. There had been no comments from the Snap's end regarding this incident.

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