FlyerTalk Forums - View Single Post - Lost business fall-out from Flight UA3411
Old Apr 15, 2017, 10:07 pm
  #273  
747200f
 
Join Date: Dec 2011
Posts: 55
Originally Posted by bocastephen
The loss of 1 billion in market cap last week was probably an accurate forecast for what is to come when the numbers are tallied for this, and next quarter. The only question is how deep and how long will this run.
To suggest UAL lost 1 billion in market cap last week because of this event is laughable. The stock rebounded quite nicely actually, proving the efficiency of the market.
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