JetBlue Shares Gain 7.1% on Improved Third-Quarter Outlook
JBLUJetBlue(JBLU) ZACKS·2024-09-07 01:35

Shares of JetBlue Airways Corporation (JBLU) performed well on the bourse on Sept. 5, 2024, closing the trading session at $5.39 per share, up 7.16% from the previous day's closing. The upside was owing to the improved third-quarter 2024 guidance revealed by the company.JBLU now anticipates its third-quarter revenues to be down 2.5% to up 1% on a year-over-year basis. This marks an improvement from the previous guidance of a decline in the range of 1.5-5.5%. The upside in revenue performance was owing to th ...