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No, Kylie Jenner didn't wipe out $1.3 billion of Snap's market value

On Thursday, the business news site Bloomberg published a story under a shocking headline: “In one tweet, Kylie Jenner wiped out $1.3 billion of Snap’s market value.” The story was pegged to a 7 percent decline in Snap Inc.’s stock price, and it would have you believe that one tweet — just 88 characters — was able to destroy a significant portion of the company’s market valuation. For reference, here’s the tweet in question: sooo…

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Source – Mashable:
No, Kylie Jenner didn't wipe out .3 billion of Snap's market value

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