时间:2025-04-26 21:03:11 来源:网络整理编辑:百科
Please buckle up, there's some turbulence ahead. United Continental stock had a bumpy ride on Tuesda
Please buckle up, there's some turbulence ahead.
United Continental stock had a bumpy ride on Tuesday, at one point losing about $800 million in total value the day after a video of a man being dragged off a flight became a major news story.
Shares in the company had declined about 3.8 percent in mid-morning trading, a steep drop for a major company like United. By late afternoon, United shares had recovered to be down about 1.5 percent, putting its hit closer to $100 million.
The controversy began on Monday morning when video emerged of a man being violently dragged off a United Airlines flight. The man, who had been seated on the plane, was then asked to leave because the flight had been overbooked. When he refused, a Chicago police officer grabbed him.
Since then, United has been dealing with severe backlash.
By comparison, Pepsi, another company caught in a public fiasco (its tone-deaf commercial featuring protests and Kendall Jenner), hasn't seen much change at all.
The chart below shows United's market capitalization over the last five days. Market cap is a generally accepted way to value companies based on stock price.
UAL Market Cap data by YCharts
The decline highlights just how serious a situation United faces. Airplane travel rarely tops the list of quality consumer experiences, but Monday's video appears to have set off a serious discussion around United, the airline industry, and police procedure.
Tuesday's stock decline is surprising in part because it did not seem like investors were particularly worried on Monday as the controversy started.
Tweet may have been deleted
Continental is still worth around $21.8 billion dollars, so the company isn't exactly in dire straits. There's also broader concern that while United might have a mess on its hands, years of mergers in the airlines industry have given consumers little choice when traveling.
Updated 3:48 pm EST:This piece updated to reflect share price changes late in the day.
Sound the alarms: Simone Biles finally met Zac Efron2025-04-26 20:22
Carrie Fisher and Debbie Reynolds documentary to premiere on HBO2025-04-26 20:15
We put too much trust in algorithms and it's hurting our most vulnerable2025-04-26 20:05
LG's fancy smart fridge has Alexa and Amazon Fresh built right in2025-04-26 20:04
New Zealand designer's photo series celebrates the elegance of aging2025-04-26 19:56
Woman smuggles cat in her carry2025-04-26 19:39
'Harry Potter' casting director explains why Robin Williams couldn't play Hagrid2025-04-26 19:25
Torrential rain turns Australia's desert heart into a series of waterfalls2025-04-26 18:53
Nate Parker is finally thinking about the woman who accused him of rape2025-04-26 18:45
Redditors share portraits of their dogs posing majestically for the camera2025-04-26 18:19
This coloring book is here for all your relationship goals2025-04-26 20:56
3 friends got the whole plane to themselves and we're massively jealous2025-04-26 20:55
Kylie Jenner misprinted her own birthday in 2017 calendar2025-04-26 20:30
Tech can help us spot fake news, but there's only one real way to stop it2025-04-26 20:19
This 'sh*tpost' bot makes terrible memes so you don't have to2025-04-26 20:00
The ad block apocalypse didn't arrive and doesn't look like it's going to2025-04-26 19:49
Nate Silver sends out apocalyptic tweet just in time for the holidays2025-04-26 19:40
Here are the books that inspired the world's most successful business leaders2025-04-26 19:21
Richard Branson 'thought he was going to die' in bike accident2025-04-26 19:20
Craig Sager's final TV interview is both painful and beautiful to watch2025-04-26 18:17