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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.

Image source: JetBlue Airways.

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Source Fool.com

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