Why JetBlue Is Gaining Altitude Today
Results from JetBlue Airways (NASDAQ: JBLU) provided little reason for optimism, though there was an argument to be made that the post-earnings stock reaction was too great.
On Friday, investors warmed to the stock, sending JetBlue shares up 10% as of 10:45 Eastern.
JetBlue shares have been in a holding pattern of late, down about 60% from their pre-pandemic level and largely flat over the last three years. The government blocked JetBlue's plan to acquire Spirit Airlines, leaving it with few good options for growth.
Source Fool.com
Jetblue Airways Corp. Stock
€4.16
-1.270%
With 9 Sell predictions and only 1 Buy predictions the community sentiment for Jetblue Airways Corp. is rather negative.
This results in a negative potential of -27.83% based on a current price of 4.16 € and a target price of 3 € for the stock.
