Did Kylie Jenner's Snapchat Tweets Kill Snapchat's Stocks?

Kylie Jenner

Did Kylie Jenner's Snapchat Tweets Kill Snapchat's Stocks?

Kylie Jenner's social media influence is unmistaken. But, could you believe that Kylie Jenner's tweets about Snapchat had the power to drop Snapchat's stock prices? Clearly, Snapchat just can't catch a break this week. Earlier, Snapchat's redesign update infuriated millions of users. Now, it looks like Snap's stock price has plummetted following a tweet from Kylie Jenner that stated that she does not use Snapchat anymore. But, is Jenner's influence great enough to damage stock prices? Did Kylie Jenner's Snapchat tweets kill Snapchat's stocks?

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Courtesy: Snapchat/Kylie Jenner

Kylie Jenner Snapchat Tweets On Twitter

If you were wondering if Kylie Jenner still used Snapchat, the answer is no. On Wednesday night, Kylie took it to Twitter to express how she felt about the social media platform.

"Sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad," Jenner tweeted.

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Snap Stock Plummets After Kylie Jenner Tweets

Since Kylie Jenner's tweet, Snap lost $1.3 billion. While the cause of Snapchat's stock loss is ultimately unclear, one might think the sudden change in stock price had to do with the changes to the Snapchat design. If you take a look at the Snap pricing chart, you'll see that it's been decreasing all week.

Despite the complaints, Snapchat stuck their ground and reinforced their belief in the changes. On Wednesday, Snap stated that it would listen to their users to find new ways to make their app better. According to Gizmodo, stoke prices increased. That is until Kylie tweeted. And as of Thursday, Snap's shares have sunk more than 7% in trading.

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Kylie Jenner Tweets About Snapchat Once More

After some time, Kylie tweeted again.

"Still love you tho snap," Jenner tweeted.

So, was the Snapchat stock plummet Kylie Jenner's doing? Jenner is undoubtedly an influencer on social media. But is she powerful enough to tank the Snap stock? We may never know. However, this could simply be a coincidence. Jenner has probably just been feeling what multiple other Snapchat users have felt. She's one of us, right? Right?

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Instagram @kyliejenner

Kylie Jenner Snapchat Name

Dying to know what Kylie Jenner's Snapchat name is? To follow up on the Keeping Up with the Kardashians starlet, you can add Kylie Jenner's Snapchat username: @KylizzleMyNizzl. Now that she doesn't post as much, you'll want to check out her rare Snaps whenever you can! If you still use Snapchat, that is!