Geopolitics Alpha

JetBlue has been losing money for years. It just charted a path to profitability.

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GEOPOLITICS ALPHAJetBlue has been losing money foryears. It just charted a path toprofitability.GEOPOLITICS ALPHA

JetBlue’s stock rises more than 20% as a new profit target helps calm fears about the airline’s viability.

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Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

JetBlue’s stock rises more than 20% as a new profit target helps calm fears about the airline’s viability.

Source: MarketWatch

This story

12 out of 100

“JetBlue has been losing money for years. It just charted a path to profitability.” scores 12 out of 100. The score uses 1 sources.