您现在的位置是:綜合 >>正文
【】
綜合1人已围观
简介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.
Featured Video For You
Here's United Airlines' adjusted 2017 pre-flight safety speech
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“夫榮妻貴網”。http://new.maomao321.com/news/55e37699568.html
相关文章
Melania Trump threatens to sue 'People' over sexual misconduct story
綜合First came Donald vs. the。 New York Times 。, now it's Melania vs.。 People.。Amid multiple accusations ...
【綜合】
阅读更多Sushi donuts will make your Instagram feed a little more delicious in 2017
綜合It's a new year. And you know what they say: new year, new sushi creation.Time to say goodbye to sus ...
【綜合】
阅读更多New iPhone might have a 'function area' instead of a home button
綜合There's no lack of rumors about the upcoming iPhone's screen, which is widely expected to be coverin ...
【綜合】
阅读更多
热门文章
- Want to live longer? You might want to switch to the Mediterranean diet
- A new 'continent's' been found under the magical land of New Zealand
- 'This Is Us' gives us a road trip we'll never forget in 'Memphis'
- Fujifilm under fire for sexist camera demo featuring topless female model
- #OctoberSurprise turned out to be nothing more than an LOL on Twitter
- The internet is not happy with Trump's 'Southern White House'
最新文章
'Drone doctors' are helping bring whales back from brink of extinction
What should the Han Solo movie be called? Here are the best options.
Lana Del Ray calls upon fellow witches to cast spell on Donald Trump
Nicole Kidman is a great actress and a terrible clapper and that's okay
UK to exempt Armed Forces from European convention on human rights
Fujifilm under fire for sexist camera demo featuring topless female model