United Airlines Stock Takes Big Dip After Passenger Dragged Out
United AirlinesStock Takes Big DipAfter Passenger Dragging
4/11/2017 8:31 AM PT
United Airlines is taking a nosedive on Wall Street -- and could lose more than $800 million today -- on the heels of David Dao getting bloodied and dragged off a United flight.
United's shares were down as much as 4% Tuesday morning, which -- if it continues -- can wipe about $830 million off the company's market cap. Other airlines' stock values are down as well, but United is down almost 3 times more.
Hard not to connect the plummet with public outrage over cops forcibly dragging Dao Sunday off the United jet in Chicago.