Snap seesawed a day after Kylie Jenner's tweet wiped out $1.3 billion of market cap (SNAP)

pulse

February 23, 2018 4:39 PM

Snap shares moved all over the place Friday, after a Kylie Jenner tweet wiped out $1.3 billion of market value on Thursday.

Snap shares seesawed Friday after Kylie Jenner's tweet wiped out $1.3 billion of market value on Thursday.
Jenner is one of the apps biggest influencers, so her presence is important for Snap.
The up-and-down trading Friday, which ended in a slight loss on the day, caps off a rough week for the stock.

Snap investors were indecisive after Kylie Jenner's tweet about how she doesn't use the Snapchat app anymore wiped out $1.3 billion of the stock's market value on Thursday. Shares swung between gains and losses early Friday, trading down as much as 0.5% and up as much as 2%.

The stock closed Friday down .5% on the day, at $17.44.

Here's what sent shares into a tizzy:

asked her Twitter followers another tweet

pulse