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Snap Inc.’s Stock Sinks After Rihanna Blasts Company for Ad

Snap Inc.’s Stock Sinks After Rihanna Blasts Company for Ad

Rihanna, Snap Inc., Snapchat

Snap Inc.’s shares dipped after Rihanna publicly called out the company for making light of domestic violence.

The company’s shares were down 3.64% on Thursday, closing at $17.20, after hitting a low of $16.91.

On Thursday, the “Needed Me” singer posted a note on Instagram stories blasting Snapchat after an asking, “Would you rather slap Rihanna or Punch Chris Brown?”

“Now Snapchat I know you already know you ain’t my fav app out there,” she wrote. “You spent money to animate something that would intentionally bring shame to  [Domestic Violence] DV victims and made a joke of it!”

Screenshot of Rihanna's IG post
Screenshot of Rihanna’s IG post

Rihanna-ChrisBrown-Snapchat, Snap Inc.

See Also

 

Brown faced charges for assaulting Rihanna in 2009.

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