Connect with us

Apps

Kylie Jenner’s Tweet Really Didn’t Help Snap’s Stock Value

Sooo does anyone else not open Snapchat anymore?

Brooklyn Riepma

Published

on

Snapchat’s parent company, Snap Inc., had a 6.1 percent drop in shares and lost $1.3 billion in market value on Thursday. This happened after a tweet from Kylie Jenner was posted Thursday afternoon.

Jenner expressed her opinion of Snapchat on Twitter by saying, “sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.” Snapchat was redesigned earlier this month, giving the app an entirely different look. Perhaps this new update is the reason for Jenner’s apparent Snapchat boycott.

Earlier this week, Citigroup analysts even downgraded Snap Inc.’s stock from “Neutral” to “Sell” after a flood of negative reviews following the automatic update to the app on users’ phones.

Jenner tweeted again soon after her initial post. She says she still loves Snapchat, even calling it her “first love.”

Are you looking for social media training and experience? Join CMN’s Social Media for Journalism Course and get real-time experience, intense feedback on your writing, exposure to journalism influencers and mentors, and a great place to display your work. You can get academic credit too. Check out the Social Media Course here.

Brooklyn Riepma is a Boise-based journalist and student. She is a junior at The College of Idaho majoring in Political Economy with minors in Creative writing, Natural Sciences, and Journalism.

Sign up for the Morning Scoop

and wake up with us each day.

CMN Reports

National News24 hours ago

CNN Sues Trump Administration Over Jim Acosta Access

CNN file a lawsuit against President Trump

by , Mercy College
2018 Midterms4 days ago

New York Governor Andrew Cuomo Wins a Third Term

Many government officials from New York were reelected and new faces were elected into government in Tuesday's Midterm Election.

by , Mercy College
2018 Midterms6 days ago

Electoral Reform and Voting Rights Expansion Won Big in the Midterms

From Florida to Michigan, voting rights expansions and electoral reform are making gains.

by , The Catholic American University
National News6 days ago

Justice Ruth Bader Ginsburg Hospitalized After Fracturing Ribs in a Fall

The Supreme Court Justice fell in the office on Wednesday night

by , Cal Poly SLO
Academics7 days ago

Analysis: Adolescent Mental Health Issues are on the Rise and Gun Violence is to Blame

Children are rightfully beginning to fear going to school because of the massive amount of school shootings within recent years.

by , The College of New Jersey
Health2 weeks ago

First FDA Approved Cannabis-Based Drug Available for Prescription

CBD has been known to treat seizures for years, but now the FDA is on board, making it legal for...

by , CMN Senior Correspondent
Government2 weeks ago

Multiple Suspicious Devices Sent to Prominent People in the Democratic Party

Several devices sent to various locations within a few days.

by , Mercy College
Government2 weeks ago

Authorities Make Arrest in Mail Bomb Case

The pipe bomber was identified as Cesar Sayoc, Jr. from Aventura, Florida.

by , Mercy College

Top Reads