JetBlue Airways has an activist investor, a new CEO, and a stock price that jumped 12% this past week after the company discussed its turnaround plans. All that’s missing now is the actual turnaround, which, it turns out, is the tricky part, Jack Hough writes in this week’s edition of Barron’s.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on JBLU:
- JetBlue appoints Jamie Perry as president, JetBlue Travel Products
- JetBlue price target lowered to $8 from $9 at Seaport Research
- Darling Ingredients joint venture receives sustainable aviation fuel order
- JetBlue, World Fuel Services announce blended sustainable aviation fuel pact
- JetBlue price target raised to $6 from $4 at TD Cowen