Why JetBlue Stock Is Flying High Today
Shares of JetBlue Airways (NASDAQ: JBLU) rallied as much as 5.5% on Thursday following the airline's fourth-quarter earnings release. JetBlue isn't yet making money again, but investors were excited about the company's forecast for 2022.
JetBlue, like all airlines, was hard-hit by the pandemic, and it will likely be at least another year before things are completely back to normal. But investors knew that, coming into earnings season, and were more focused on progress toward recovery than they were on the headline numbers themselves.
Image source: JetBlue Airways.
Source Fool.com
