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Snap stock slumps after Kylie Jenner tweet

Snap stock slumps after Kylie Jenner tweet
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By Euronews
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The reality star’s tweet about no longer using the social media company’s Snapchat app sent stocks tumbling.

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Social media company Snap has seen its stock slump by around one billion euros after reality TV star Kylie Jenner tweeted that she no longer used Snapchat.

The move by Jenner, who has 24.5 million Twitter followers, has piled further pressure on the messaging app, which faces stiff competition from Facebook’s Instagram.

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