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Wall Street isn't punishing United for dragging passenger David Dao off a plane (UAL)

Published by Business Insider on Thu, 13 Apr 2017


While United Airlines has found itself in the middle of a public relationsnightmare after Dr. David Dao was dragged off a plane, there has been little reaction in the company's stock.After tumbling more than 4% atMonday's open, the first day of trading following the incident, shares have recovered a portion of those losses. They're now down less than 3% from Friday's closing level.And more so, since the incident there hasn't been a change in short interest in the stock. Data given to Business Insider by financial analytics firm S3 Partners shows short interest in United has beenrelatively flat in April, down $31 million, or 3%.According to S3, short interest in theairline sector as a whole has fallen by$85.2 million over the last week, loweringtotal short interest in the space to $5.1 billion.Join the conversation about this storyNOW WATCH: People are outraged by this shocking video showing a passenger forcibly dragged off a United Airlines plane
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