When something doesn’t make sense, there’s a reason. Unless there isn’t.
Yesterday, Kylie Jenner tweeted that she hasn’t used Snapchap lately and, poof, the market-cap of Snap drops by $1.3 billion. (Today it’s market cap is around $20 billion.)
sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.
— Kylie Jenner (@KylieJenner) February 21, 2018
While that may not be as dramatic a swing as you’d witness during a typical hour of, say, Bitcoin, it makes me recall when MySapce was worth $12 billion.
Just saying.