When an airline has a crash, its stock price drops 1.58% that day on average. [0] Southwest's stock is down 0.28% today, and it looks like most of that drop hap

When an airline has a crash, its stock price drops 1.58% that day on average. [0] Southwest's stock is down 0.28% today, and it looks like most of that drop happened immediately after the market opened, well before this incident, and may be related to today's stocks being down 0.21% overall. At first glance it appears that investors are entirely unconcerned with this delay. For whatever reason, we as a society have decided that airliner crashes are scarier than car crashes. Just like we've decided terrorism, nuclear energy, and self driving cars are scarier than they actually are. Should we be this way? Probably not, but this is the way the world is. [0] https://dx.doi.org/10.2139/ssrn.1785906 https://dx.doi.org/10.2139/ssrn.1785906