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[–] 8 points 1 year ago (7 children)

There's no such thing as bad publicity. We're seeing this daily.

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  • [–] 14 points 1 year ago (6 children)

    https://en.m.wikipedia.org/wiki/United_Breaks_Guitars

    It was widely reported that within four weeks of the video being posted online, United Airlines' stock price fell 10%, costing stockholders about $180 million in value

    What a silly thing to say.

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  • [–] 9 points 1 year ago* (5 children)

    And where is their stock now?

    I suppose it would be better to ask how long that lasted.

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  • [–] 13 points 1 year ago (1 child)

    On 6 July, 2009, United Airlines opened at $3.31 and dipped to an intra-day low $3.07 (-7.25%) on 10 July, but that very day closed at $3.26 and traded as high as $6.00 (+81.27%) four weeks later on August 6.[20]

    There it is, nearly instant profit

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  • [–] 4 points 1 year ago (2 children)

    Once everyone forgot about it, I'm sure it went back to normal.

    But it certainly did them no favours. The David Dao incident is another example of there definitely being bad publicity.

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