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Snap Inc.’s stock falls after Kylie Jenner tweet about Snapchat redesign

Kylie Jenner may be one of many Snapchat users who isn’t happy about the app’s redesign.

The 20-year-old new mom asked her followers on Tuesday if anyone else no longer uses the app.

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“So does anyone else not open Snapchat anymore? Or is it just me,” she wrote. “Ugh this is so sad.”

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Bloomberg reported that the timing of the tweet may have caused a drop in stock for Snap Inc., the company that owns Snapchat.

“Shares sank as much as 7.2 percent Thursday, wiping out $1.3 billion in market value, on the heels of a tweet from Kylie Jenner,” the publication said.

According to a Wednesday tweet from Reuters, the drop in Snap’s stock adds up to about $1.5 billion lost in market value.

Related: ‘Change it back’: Snapchat users not happy about latest update

Ten minutes after the first tweet, Jenner said she still has love for the app.

“Still love you tho snap,” she tweeted. “My first love.”

Jenner, who welcomed her first child, daughter Stormi Webster, Feb. 1, may have not opened the app because she’s busy with her little one and boyfriend Travis Scott.

Related: Kylie Jenner gives birth to baby girl

“Still staring at her all day,” Jenner told a fan of her newborn. “She looks just like me when I was a baby.”

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