JetBlue Airways Stock: Bull vs. Bear
JetBlue Airways (NASDAQ: JBLU) took to the sky in 2000 to great fanfare, offering a modernized take on the flying experience that blended the pricing of a discounter with some of the frills and perks associated with full-service airlines.
But JetBlue is at a crossroads today. The airline enjoyed a period of overwhelming demand following the height of the COVID-19 pandemic, but the shares are down nearly 80% from their 2021 highs as investor concerns about the economy grow.
JetBlue's plan for growth, a $3.8 billion acquisition of what is now Spirit Aviation Holdings, was blocked by regulators. A separate partnership with American Airlines Group to feed traffic to JetBlue was also shot down due to antitrust concerns.
Source Fool.com
Jetblue Airways Corp. Stock
€3.73
-0.770%
The sentiment is rather negative at the moment with 11 Sell predictions and 1 Buy predictions.
With a target price of 3 € there is a slightly negative potential of -19.52% for Jetblue Airways Corp. compared to the current price of 3.73 €.
