Shares of JetBlue Airways ( JBLU -25.71%) fell Tuesday. The stock lost 25.7% as of market close but was down as much as 28.9% earlier in the day. The move down comes as the S&P 500 and Nasdaq composite gained 0.9% and 2%, respectively.
JetBlue Airways lost less money than Wall Street was expecting in the fourth quarter, but that wasn’t enough to stop the company’s shares from racking up double-digit losses on Tuesday. The low-cost carrier reported an adjusted loss of 21 cents a share on revenue of $2.
JetBlue ( NASDAQ: JBLU) suffered its largest one-day drop on record and snapped a three-day winning streak after the carrier’s outlook for the current quarter spooked investors and caused shares to crater by as much as 29%.
Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.
Unit costs in 2025 will rise as much as 7% excluding fuel, the airline said Tuesday in a statement, outpacing analysts’ estimates on higher spending for compensation and aircraft maintenance. JetBlue shares fell as much as 18% as markets opened in New York, their biggest slump since Aug. 12.
Nvidia rises following a deep selloff in artificial-intelligence stocks, General Motors posts better-than-expected adjusted earnings but the stock tumbles, and Boeing reports a fourth-quarter core loss of $5.
BOSTON, January 23, 2025--JetBlue (NASDAQ:JBLU), New England’s leading leisure carrier, today announced it has officially launched service from Manchester-Boston Regional Airport (MHT ...
JetBlue Airways Corp. shares tumbled after the carrier projected higher costs this year than Wall Street expected.
JetBlue Airways Corp. reported fourth-quarter earnings that were better than Wall Street expected as demand climbed after the November election and during the winter holidays and fuel prices fell.
(JBLU) on Tuesday reported a loss of $44 million in its fourth quarter. The Long Island City, New York-based
JetBlue Airways Corporation ( NASDAQ: JBLU) Q4 2024 Earnings Conference Call January 28, 2025 10:00 AM ET Koosh Patel - Director of Investor Relations Joanna Geraghty - Chief Executive Officer Marty St. George - President Ursula Hurley - Chief Financial Officer
Rebounding tech stocks drove U.S. indexes higher a day after they tumbled on doubts about the artificial intelligence frenzy.