Kylie Jenner's Tweets About The Snapchat Update Might Have Had Huge Impact on the Stock

Kylie Jenner's Tweets About The Snapchat Update Might Have Had Huge Impact on the Stock

If you needed any more proof that Kylie Jenner has a lot of power, look no further.

In a new report from TMZ, Snapchat’s stock dropped almost immediately after her initial tweet about the new update of the social media platform.

“Less than 24 hours after that tweet, Snapchat’s shares tanked by as much as 7.2% … equaling a whopping $1.3 BILLION loss,” they report.

While it’s not for sure that Kylie caused the stock to massively drop, she does have a major influence — especially with 128.5M combined followers on Twitter and Instagram.

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Posted to: Kylie Jenner
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