Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

It Might Be Time to Buy the Dip on JetBlue Stock

TheMotleyFool

0 0

It Might Be Time to Buy the Dip on JetBlue Stock: https://g.foolcdn.com/editorial/images/718962/screenshot_2.jpg

From its April 2021 high of nearly $22 per share, JetBlue Airways (NASDAQ: JBLU) stock dove over 63% to the $7 to $8 range in 2022. But demand for flights remains exceptionally strong, and the new year is off to a strong start. JetBlue shares are up 41% so far in 2023.

As the airline industry recovers, is it time to buy the dip on JetBlue? Let's take a bird's eye view.

Operating revenue last quarter landed at $2.4 billion -- the highest fourth-quarter operating revenue in JetBlue's history. And 2022 emerged as the best revenue year ever for the New York City-based carrier.

Source Fool.com

Like: 0

JBLU

Share