It has been a rough week for snapchat, because the new update has not been received very well by the users. Snapchat's stock went incredibly down when Kylie Jenner tweeted that she is no linger using snapchat.
Its odd to see that just 1 person not using the app results in such situation for the app, but she is an influential social media star and has almost 24 million followers on facebook.
On Wednesday, Snap’s stock was at $19.02, it was seemingly going up following the company’s response to a 1.2 million-signature Change.org petition requesting the old design back.
Then Kylie tweeted and since than snapchat's stock began to fall and dropped by almost 6%, That roughly makes around 1.5$ Billion.
However Kylie tweeted again following her first tweet "still love you tho snap ... my first love," butit seems that the damage has already been done .