Why JetBlue Stock Is Falling Today
JetBlue(JBLU) The Motley Fool·2024-10-30 01:01
The third quarter was strong, but the outlook disappointed. JetBlue Airways (JBLU -16.32%) posted better-than-expected results in the third quarter, but the company is not optimistic about the current quarter. Investors are disappointed, sending JetBlue shares down 16% as of 10:45 a.m. ET. Good quarter, questions about the year JetBlue and other airlines enjoyed a surge in demand when the pandemic waned, but in recent quarters there have been signs that demand is ebbing. The airline reported a third-quarter ...