this post was submitted on 18 Aug 2025
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Not The Onion

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[–] Ghyste@sh.itjust.works 8 points 1 month ago (7 children)

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

[–] Ilovethebomb@sh.itjust.works 14 points 4 weeks 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.

[–] Ghyste@sh.itjust.works 9 points 4 weeks ago* (last edited 4 weeks ago) (5 children)

And where is their stock now?

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

[–] skulblaka@sh.itjust.works 13 points 4 weeks ago (1 children)

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

[–] Ghyste@sh.itjust.works 4 points 4 weeks ago

That's exactly what the phrase means. I can guarantee you that smart traders made a good chunk off the dip.

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