Why JetBlue Stock Crashed Today
JetBlue Airways (NASDAQ: JBLU) stock tumbled 10.9% through 12:40 p.m. ET Tuesday despite reporting a "meet or beat" quarter this morning.
Heading into its Q3 report, analysts expected JetBlue to report $0.42 per share in losses on sales of $2.32 billion. They got the revenue number right (a "meet"), but JetBlue actually lost only $0.40 per share in the quarter (and that's a "beat").
So why aren't investors happier about this?
Source Fool.com
Jetblue Airways Corp. Stock
€3.52
-1.220%
With 11 Sell predictions and only 1 Buy predictions the community sentiment for Jetblue Airways Corp. is rather negative.
A slightly negative potential of -14.7% at a current price of 3.52 € for Jetblue Airways Corp. is the result of a target price of 3 €.
