Snapchat has fallen a further $800 million behind on money markets following Rihanna’s reaction to their apparent hostile promotion.
The vocalist turned into the second big name to cut down the application’s stock in the wake of attacking them on Thursday following an advertisement which was seen as downplaying Domestic Violence. Rihanna composed on her Instagram story;
Presently SNAPCHAT I know you definitely know you ain’t my fav application out there! Be that as it may, I’m simply endeavoring to make sense of what the fact of the matter was with this chaos!” the vocalist composed. “I’d love to call it obliviousness yet I know you ain’t that stupid. You burned through cash to quicken something that would deliberately convey disgrace to DV casualties and made a joke of it.
Snapchat’s stock has once fallen for the current year after their current refresh when Kylie Jenner tweeted, “Sooo does any other person not open Snapchat any longer? Or on the other hand is it just me… ugh this is so tragic”.
As per CNN Tech, Rihanna’s remark sent Snapchat’s stock around 4% deleting $800 million from their fairly estimated worth.
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