United Airlines broke his guitar and refused to pay. So Dave Carroll made a diss track and their stock tanked ~10%, costing the company around $180 million. 🎸📉
United Airlines broke his guitar and refused to pay. So Dave Carroll made a diss track and their stock tanked ~10%, costing the company around $180 million. 🎸📉
While it would be a nice thought, it cost investors 180 million, or nothing because you don’t lose money if you don’t sell stocks. United was fine. Airline stocks are volatile on a good day and will fluctuate.
I do wonder what in the world people think makes up company value and who they think “pays” when stocks go down or up. Because the stock market is peer to peer post-IPO, not a payout from the company every time someone buys and sells a stock.
Complex-Growth-4438 on
Didn’t know Luke Wilson could play.
8Bit-Jon on
No audio… Boooo!
Zubon102 on
I thought that the airport baggage handlers don’t work directly for the airline. Usually they are employees of the ground service provider, right?
So if this is the case, why would his anger be directed toward United?
IndividualTension887 on
Went in deep in the archives for this one… This is from 2008…
14 Comments
I doubt this song made them lose 10% value and that was likely coincidence
You can read [the comments](https://www.reddit.com/r/nextfuckinglevel/s/wQn7gf3qeU) from when this was posted a year ago if you want to see what to say to get the most karma
United, We break guitars and spirits.
r/thathappened
[deleted]
Not how stocks work
grammy award deserved
What’s with the guys in sombreros?
Giving me Randy Travis 3 wooden crosses vibes.
While it would be a nice thought, it cost investors 180 million, or nothing because you don’t lose money if you don’t sell stocks. United was fine. Airline stocks are volatile on a good day and will fluctuate.
I do wonder what in the world people think makes up company value and who they think “pays” when stocks go down or up. Because the stock market is peer to peer post-IPO, not a payout from the company every time someone buys and sells a stock.
Didn’t know Luke Wilson could play.
No audio… Boooo!
I thought that the airport baggage handlers don’t work directly for the airline. Usually they are employees of the ground service provider, right?
So if this is the case, why would his anger be directed toward United?
Went in deep in the archives for this one… This is from 2008…