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Snapchat stock loses $1.3 billion after Kylie Jenner tweet

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Kylie Jenner is not happy about Snapchat's new redesign.Snap (SNAP) stock closed down 6% on Thursday after the reality TV star said she is no longer using the app. The plunge wiped about $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.In another tweet she said, "Still love you tho snap ... my first love."Related: Snapchat responds to users critical of redesign:

'We hear you'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.

Snap did not respond to a request for comment.
Snapchat stock loses $1.3 billion after Kylie Jenner tweet - Feb. 22, 2018
 
Hello there.

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For a sec I thought it was related to that Bruce guy.
 
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