United Airlines just lost $800 million in value

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Please buckle up, there's some turbulence ahead. 

United Continental has lost about $800 million in total value on Tuesday, the day after a video of a man being dragged off a flight became a major news story. 

Shares in the company had declined about 3.8 percent in mid-morning trading, a steep drop for a major company like United. 

The controversy began on Monday morning when video emerged of a man being violently dragged off a United Airlines flight. The man, who had been seated on the plane, was then asked to leave because the flight had been overbooked. When he refused, a Chicago police officer grabbed him.  Read more...

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via Zero Tech Blog

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