How Kylie Jenner's Snapchat Tweet Affected Facebook

TMZ reports that, in light of Snapchat's financial misfortune, Facebook has been racking up the dough throughout these past three days. While the numbers for Snapchat have gone down, down, down, with its market value on Wednesday at $22.78 billion sinking to $21.41 billion as of Friday, the numbers for Facebook have gone up, up, up, with its $516.83 billion stock value on Wednesday now worth $532.86 billion since Friday. With just 18 words, Jenner seemingly found a way to make Snapchat lose at least $1.3 billion (!), while Facebook has gladly reaped the benefits in the process.
How Kylie Jenner's Snapchat Tweet Affected Facebook
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Pebrero 25, 2018
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