Kylie Jenner’s tweet wipes out $1.3bn of Snapchat’s value

Reality TV star Kylie Jenner's tweet brought Snapchat's market value crashing down as social media users and Wall Street moaned over Snapchat's recent upgrade.

Jenner, who has 24.5 million followers on Twitter, on Wednesday tweeted asking if anyone actually used the app anymore.

sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad.
— Kylie Jenner (@KylieJenner) February 21, 2018

On Thursday, the stock price of Snap, Snapchat's parent company, fell about 6 percent closing at $17.51. That represented a $1.3 billion loss in value, according to CNN Money.

She also put out a tweet later - "Still love you tho snap.. my first love.