Rihanna Snapchat Controversy Costs The Company Big As Stock Immediately Drops

in #rihanna6 years ago (edited)


Rihanna said we should delete Snap Chat.
I don't even have the app on my phone but I'm going to download and delete it immediately just for the culture .

Snapchat is learning an important lesson... don't mess with the # Navy.

 She wrote on her Instagram story: “I’d love to call it ignorance, but I know you ain’t that dumb! You spent money to animate something that would intentionally being shame to [domestic violence] victims and made a joke of it!!! 


 “This isn’t about my personal feelings, cause I don’t have much of them… but all the women, children and men that have been victims of [domestic violence] in the past and especially the ones who haven’t made it out yet… you let us down!

“Shame on you. Throw the whole app-oligy away.” “This advertisement is disgusting and never should have appeared on our service.“We are so sorry we made the terrible mistake of allowing it through our review process.

“We are investigating how that happened so that we can make sure it never happens again.”Unfortunately for Snapchat, when Rihanna tells her millions of fans around the whole to “throw the whole app-oligy away”, people take notice… 

Here are some Rihanna fan comments that caused the Snapchat stock price avalanche:-

Kidcudison

Rihanna said we should delete our snapchat for their domestic abuse joke. Our president has spoken therefore i’m deleting snapchat.

BeeLH

Rihanna deleted snapchat and wore army pants and flip flops so I wanna delete snapchat and wear army pants and flip flops.

Nicollettemw

If she tells me to delete snapchat I’ll do it.

Billionairepolo

Damn Snapchat it was fun but our queen said delete you.

Maryellen

Rihanna: Delete Snapchat
Me: Ok
Rihanna: And put this pound of Skittles into separate bowls by color
Me: Anything for you
Rihanna: Throw a brick through that Starbucks window
Me: Sure thing mom
Rihanna: Play me Pour It Up on the piano
Me: Will have to learn but coming right up.

Alexphahn

what else you want me to delete Rihana my fingers are ready.

Agronveliu97

Rihanna said delete Snapchat so guess what I’m doing.

QuazRoodt

I don't even have or use Snapchat, but I'ma get it and then delete it because Rihanna.

The controversy has had a knock-on effect on Snapchat’s finances, with CNN Money reporting that in the immediate aftermath, with its stock dropping by 4%, costing the app a shocking $800 million due to their blunder.This isn’t the first time a celebrity has caused a drop in Snapchat’s value, with the company previously dropping more than $1 billion in 24 hours when Kylie Jenner tweeted: “Sooo does anyone else not open Snapchat anymore? Or is it just me... ugh this is so sad.” 

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