5 ms·

I think this is a pointless figure for a number of reasons. 1. Their stock is where it was last Friday. 2. We don't know how much the stock dropping is due to

I think this is a pointless figure for a number of reasons. 1. Their stock is where it was last Friday. 2. We don't know how much the stock dropping is due to the outrage or due to whatever else. 1-3% fluctuations in stock, even intra-day are common. Delta airlines today for example lost 2.2% whereas UAL lost 1%. And the whole market has been down this week. 3. When Amazon loses 1% of its stock, it loses 4 billion in "value". 4. Loss in market cap is not loss in value to United. Its a loss to shareholders collectively. 5. The short term losses don't mean anything if it rebounds.

guiambros 9y ago
It's wishful thinking. People love to think they have more influence over the destiny of corporations than they really do. And, of course, the media loves to pile on. Sure, voting with your wallet, when done en masse and over a long period of time, can have a significant impact. But this takes much more than a few days. What UAL did in this case was horrendous, but trying to associate it with loss of market cap is disingenuous. The market always corrects itself after the initial fluctuations. It will depend primarily on their earnings on Monday [1]. [1] http://finance.yahoo.com/news/united-continental-ual-q1-earnings-145702240.html http://finance.yahoo.com/news/united-continental-ual-q1-earn...
- danderino 9y ago
  >What UAL did in this case was horrendous, Was it? All I see is that a passenger was asked to leave by an officer. He refused and was forcibly removed.
  - guiambros 9y ago
    > Was it? Yes, it was. Unethical for sure, and likely illegal [1]. [1] https://thepointsguy.com/2017/04/your-rights-on-involuntary-bumps/#comment-3249561957 https://thepointsguy.com/2017/04/your-rights-on-involuntary-...
  - sprremix 9y ago
    The flight was purposely overbooked. They randomly asked a guy to leave instead of taking their loss and offering the other people a big pile of money. He's also a doctor. Have you seen the video where he was knocked out from hitting his head at the railling from a chair followed by bleeding from his mouth?
  - metaphorm 9y ago
    creeping authoritarianism, more and more of it every day, and you just take it like ok, like it's a good thing. what ever happened to freedom and liberty? what ever happened to dignity and respect?
  - salesguy222 9y ago
    "Thank you for purchasing Windows 11 Pro! We see that you visited BitTorrent recently. Unfortunately we will need to ask you to stop. If you have any concerns, please speak with the Chicago Transit Police officers who are outside your home waiting to confiscate your machine."
pcurve 9y ago
https://www.google.com/finance?q=NYSE%3AUAL&sq=United%20Air%20Lines%2C%20Inc.&sp=1&ei=HCfwWKDLG4qRmAHjzYO4CQ https://www.google.com/finance?q=NYSE%3AUAL&sq=United%20Air%... comparison of 4 airlines 5 past trading days. Delta is actually doing much worse.

guiambros 9y ago

It's wishful thinking. People love to think they have more influence over the destiny of corporations than they really do. And, of course, the media loves to pile on. Sure, voting with your wallet, when done en masse and over a long period of time, can have a significant impact. But this takes much more than a few days. What UAL did in this case was horrendous, but trying to associate it with loss of market cap is disingenuous. The market always corrects itself after the initial fluctuations. It will depend primarily on their earnings on Monday [1]. [1] http://finance.yahoo.com/news/united-continental-ual-q1-earnings-145702240.html http://finance.yahoo.com/news/united-continental-ual-q1-earn...

danderino 9y ago
>What UAL did in this case was horrendous, Was it? All I see is that a passenger was asked to leave by an officer. He refused and was forcibly removed.
- guiambros 9y ago
  > Was it? Yes, it was. Unethical for sure, and likely illegal [1]. [1] https://thepointsguy.com/2017/04/your-rights-on-involuntary-bumps/#comment-3249561957 https://thepointsguy.com/2017/04/your-rights-on-involuntary-...
- sprremix 9y ago
  The flight was purposely overbooked. They randomly asked a guy to leave instead of taking their loss and offering the other people a big pile of money. He's also a doctor. Have you seen the video where he was knocked out from hitting his head at the railling from a chair followed by bleeding from his mouth?
- metaphorm 9y ago
  creeping authoritarianism, more and more of it every day, and you just take it like ok, like it's a good thing. what ever happened to freedom and liberty? what ever happened to dignity and respect?
- salesguy222 9y ago
  "Thank you for purchasing Windows 11 Pro! We see that you visited BitTorrent recently. Unfortunately we will need to ask you to stop. If you have any concerns, please speak with the Chicago Transit Police officers who are outside your home waiting to confiscate your machine."

pcurve 9y ago

https://www.google.com/finance?q=NYSE%3AUAL&sq=United%20Air%20Lines%2C%20Inc.&sp=1&ei=HCfwWKDLG4qRmAHjzYO4CQ https://www.google.com/finance?q=NYSE%3AUAL&sq=United%20Air%... comparison of 4 airlines 5 past trading days. Delta is actually doing much worse.