Kylie Jenner is not happy about Snapchat's new redesign. Snap (SNAP) stock closed down 6% on Thursday after the reality TV star said she is no longer using the app. "We believe this is an overreaction as Wall Street is hypersensitive to the app redesign," he told CNN. "With roughly 25 million followers, [Jenner] carries a loud mouthpiece that speaks to today's knee jerk reaction in shares." Related: Snapchat faces backlash after app redesignEarlier this week, Snapchat announced an update aimed at making it easier for users to view content they want to see.

Source: CNN February 22, 2018 18:45 UTC