Why JetBlue Stock Is Down Today
Shares of JetBlue Airways (NASDAQ: JBLU) fell 5% on Tuesday morning after the discount airline released second-quarter earnings. The company warned it is flying through some headwinds as it tries to rebuild its operations, causing investors to head for the exits.
JetBlue reported a second-quarter adjusted loss of $0.65 per share on revenue of $1.49 billion, beating analyst expectations for a $0.74 per share loss on revenue of $1.4 billion.
Source Fool.com