JetBlue Airways (JBLU, Financial) experienced a significant stock price increase of 5%, reaching $7.35 per share with a trading volume of 7.61 million shares and a turnover rate of 2.19%. The stock's price fluctuation was recorded at 4.21%. Recent financial results show JetBlue's revenue at $2.365 billion, a net loss of $60 million, and earnings per share of -$0.17. The gross profit stood at $73 million, with a price-to-earnings ratio of -2.96.
Among 17 rating agencies, 12% recommended buying, 59% advised holding, and 29% suggested selling the stock. The airline industry saw no overall increase, but JetBlue, Azul Sa, and Frontier Group Holdings, Inc. showed notable gains. JetBlue, American Airlines, and Azul Sa were active stocks, with turnover rates of 2.19%, 1.58%, and 1.12%, respectively.
JetBlue Airways is a low-cost carrier serving around 100 destinations across the U.S., Caribbean, Latin America, Canada, and the U.K., operating Airbus and Embraer aircraft.
