Snapchat Stock Drops $800 Million After Rihanna Blasts Controversial Ad
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- Category : Snapchat
Needless to say, it was a huge mistake that has cost the company a wild amount of money. And we mean wild. Just one day after Rihanna blasted Snapchat for the distasteful ad, CNN Tech reports that the app's stocks have since dropped 4 percent, thus wiping out nearly $800 million in its market cap.