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Kylie Jenner’s tweet wipes out $1billion of Snapchat’s market value

Updated :

Around $1 billion off Snapchat’s stock market value were wiped off after reality TV star Kylie Jenner tweeted that she no longer uses its Snapchat messaging app. Shares of the Snapchat’s parent company sank badly, wiping out $1 billion in market value, on the heels of a tweet from Kylie Jenner, who said she doesn’t open the app anymore.

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