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by nwallin 1837 days ago
Southwest's stock price seems to be unaffected by the outage. Southwest is down 0.28% on the day, but most of that drop happened at market open, before this incident, and is probably related to the S&P 500 being down 0.21% over a similar time period. Southwest's stock stabilized at shortly before 10am, and is actually up almost a tenth since then.

Seems to me the MBAs ran the numbers a while ago, and here we are.

1 comments

The news wasn’t priced in yet. Stocks are usually not priced rationally and there is plenty of room for someone good at performing accurate corporate valuations to become handsomely rich. Case in point: Enphase (ENPH). How can a stock of a predictable solar-parts company be priced at $130 then $220, then $120, then $164? All within a 7 month period. Finally what MBAs are you referring to?