Why JetBlue Stock Was Lower This Week
Fourth-quarter results from JetBlue Airways (JBLU 2.87%) were actually better than Wall Street had feared, but you would never know it from the stock's reaction. Shares of JetBlue traded down 22% for the week as of 1 p.m. Thursday due to the uncertainty about the year ahead for the discount airline.Uncertainty up aheadJetBlue has been flying through turbulence for most of the past year. The government blocked its effort to combine with Spirit Airlines, a deal designed to drive efficiency and open up new mar ...