Snapchat’s market value dropped by $1.5 billion after Kylie Jenner tweeted she doesn’t use the app anymore


Snapchat's parent company gained a loss of $1.3 billion in market value on Thursday after reality star Kylie Jenner posted a tweet asking if she was the only person who no longer uses Snapchat.


She later followed up with "still love you tho snap ... my first love"
Snap Inc.'s shares fell by over six percent in Thursday's trading, a loss of about $1.3 billion in market capitalization dropping almost 8%. The company's shares are now back near the $17 price at which the shares were listed when the company floated on the stock market.