The stock market faster than NASA’s experts.
Morton Thiokol shed some $200 million in market value on the day. Over the next several months—before the release of the commission report that singled out Morton Thiokol for blame—the other contractors recovered and outperformed the market while Morton Thiokol lagged. In other words, Morton Thiokol’s stock “acted” like it was at fault.
The stock market [figured out the cause of the disaster](https://slate.com/business/2003/08/the-disaster-market.html) faster than NASA’s experts.
> Morton Thiokol shed some $200 million in market value on the day. Over the next several months—before the release of the commission report that singled out Morton Thiokol for blame—the other contractors recovered and outperformed the market while Morton Thiokol lagged. In other words, Morton Thiokol’s stock “acted” like it was at fault.
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