JBLU Jun 2024 5.500 put
| Previous close | 0.1400 |
| Open | 0.2200 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 5.50 |
| Expiry date | 2024-06-07 |
| Day's range | 0.1400 - 0.2200 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.43k |
ReutersJetBlue forecasts improved second-quarter revenue on healthy travel demand
JetBlue now expects its second-quarter revenue to fall between 6.5% and 9.5%, compared with its previous forecast of a 6.5% to 10.5% decrease. "Better operational performance is driving solid cost execution in the second quarter, and is further supported by recent trends in jet fuel prices, which have declined over the quarter," the airline said in a regulatory filing. JetBlue had cut some of its routes and markets that were unprofitable and moved resources to better-performing regions.
- Yahoo Finance Video
More Trump fallout, billionaire donors, Dell exec.: Market Domination
The guilty verdict for Former President Donald Trump is dominating much of the conversation in politics as well as on Wall Street as experts debate the potential impacts it may have on the broader market. Billionaires like Tesla CEO Elon Musk (TSLA) and hedge fund manager Bill Ackman flock to Trump's side. West Virginia Senator Joe Manchin has severed ties with the Democratic Party and is currently registered as an independent. Dell Technologies (DELL) Infrastructure Solutions Group President Arthur Lewis chats with Yahoo Finance about the latest AI advancements in its servers. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Why Delta still flies above JetBlue: Analyst
Citi airlines analyst Steve Trent joins Market Domination for a special edition of Good Buy or Goodbye to take a look at his previous call and evaluate how it holds up. Previously, Trent picked Delta (DAL) as his "good buy" and advised investors to say "goodbye" to JetBlue (JBLU). Trent maintains this position, citing Delta's economic activity per available seat mile and brand strength. He reiterates his warning about JetBlue, pointing to weak revenue verticals, a weak base case for M&A activity, and the lack of a good path back to sustainable margins. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
