Kylie Jenner is potentially responsible for Snap losing $1.5 billion in market value

Kylie Jenner.
(Image credit: Ethan Miller/Getty Images)

Not everyone could cause Snap to lose $1.5 billion in market value with a single tweet, but then again, not everyone is Kylie Jenner. The 20-year-old's declaration Wednesday that she does not open Snapchat anymore potentially caused a slide Thursday that found shares tumbling more than 7 percent, ZeroHedge reports, effectively erasing "most" of the social media company's "post-earnings climb."

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Jeva Lange

Jeva Lange was the executive editor at TheWeek.com. She formerly served as The Week's deputy editor and culture critic. She is also a contributor to Screen Slate, and her writing has appeared in The New York Daily News, The Awl, Vice, and Gothamist, among other publications. Jeva lives in New York City. Follow her on Twitter.