Snapchat’s Value Drops $1.3 Billion After Kylie Jenner Tweets That She Is Over It

When Kylie Jenner tweets, investors might be paying attention. That possibility may now have some social media platforms running scared.

On Wednesday, Jenner, who has 24.5 million followers on Twitter, threw shade at Snapchat with a tweet asking if anyone actually used the app anymore.

 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.