Why JetBlue Stock Plummeted Today

Shares of JetBlue Airways (JBLU -25.71%) fell Tuesday. The stock lost 25.7% as of market close but was down as much as 28.9% earlier in the day. The move down comes as the S&P 500 and Nasdaq composite gained 0.9% and 2%, respectively.JetBlue reported earnings Tuesday morning. Despite exceeding expectations, the company reported weak guidance, disappointing investors.Less-than-stellar quarterThe budget airline reported sales of $2.27 billion for the fourth quarter of 2024, losing$0.21 a share. The loss was ...