Why JetBlue Stock Was Tanking This Week [Yahoo! Finance]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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US:NASDAQ Investor Relations:
investor.jetblue.com/investor-relations
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Source: Yahoo! Finance
The last few trading sessions have leaned heavily toward the latter tendency -- the airline's shares have lost almost 13% of their value week to date as of early Friday morning, according to data compiled by S&P Global Market Intelligence . An effective thumbs-down from an influential investment bank before the week kicked off was a major reason for the drop. Are You Missing The Morning Scoop? Breakfast News delivers it all in a quick, Foolish, and free daily newsletter. Sign Up For Free » That bank is none other than Goldman Sachs , which has relaunched its coverage of U.S. airline stocks. Goldman's Catherine O'Brien is now tracking five of them; she has set buy ratings on three, and sells on the remainder. Unfortunately for JetBlue, it is one of the pair of sells (the other is Southwest Airlines ) at a price target of $5.50 per share. Although the travel and tourism sector is doing well, airlines have had to cope with certain struggles. According to reports, O'Brien wrote tha
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JBLU
Earnings
- 10/29/24 - Beat
JBLU
Sec Filings
- 11/13/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form SC
- JBLU's page on the SEC website