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This Kylie Jenner tweet just cost Snapchat over a billion dollars.

This Kylie Jenner tweet just cost Snapchat over a billion dollars.

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You learned about the invisible hand in economics class. Who knew that the hand belonged to Kylie Jenner?

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Say WHAT?
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The youngest Kardashian sent Snapchat stockholders into a frenzy yesterday when she tweeted about how she was "over" Snapchat. Now that she's a mom, she's out of touch with the kidz.

Deadline reports that " Snap’s shares sank more than 7% in trading today ," which is an estimated ONE BILLION dollars.

Her tweet certainly resonated with people, and got a quarter of a million likes.

Tweetgate comes on the heels of a recent Snapchat update, which pissed off hundreds and thousands of app users. A petition on Change.org to change it back to the old design received 1.2 million signatures.

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Your move, Snap.

Sources: h/t Deadline
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