Why JetBlue Stock Is Gaining Altitude Today
Airline investors are feeling bullish following strong results from Delta Air Lines, meaning stocks including JetBlue Airways (NASDAQ: JBLU) are enjoying a tailwind. Shares of JetBlue were up 10% as of 1 p.m. ET following Delta's quarterly results.
Image source: JetBlue.
Airlines tend to be cyclical, performing well when times are good and consumers have money to spend on vacations. Shares have been under pressure this year due to concerns that higher inflation and tariff-related uncertainty would lead to less demand.
Source Fool.com
Jetblue Airways Corp. Stock
€4.51
1.080%
With 11 Sell predictions and only 1 Buy predictions the community sentiment for Jetblue Airways Corp. is rather negative.
This results in a negative potential of -33.53% based on a current price of 4.51 € and a target price of 3 € for the stock.
